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No Comments on GST Impact On Under-Construction Properties Depends On Degree Of Completion & Raw Materials Used Apartment for sale
GST Impact On Under-Construction Properties Depends On Degree Of Completion & Raw Materials Used
Homebuyers and developers are all trying to know how Goods & Services Tax (GST) will impact residential real estate. The rate of GST has been fixed at 12 percent for new and under-construction projects. Prices of properties are not likely to go up even though the present tax of 4.5 percent has been replaced by[…]
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Nov
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No Comments on NAREDCO Believes 12% GST Is A Boon For The Real Estate Sector Apartment for sale
NAREDCO Believes 12% GST Is A Boon For The Real Estate Sector
National Real Estate Development Council (NAREDCO) said last week that 12 percent GST on construction projects, which is meant for sale to buyers, will boost the sector. It will be a game-changer for the industry as well as the real estate sector, as it will subsume 16+ major taxes and turn them into a one[…]
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