Cut in GST rates can result in increased demands for under-construction properties
Rakesh Reddy, for The Hans India,
The GST council’s decision to reduce the rates of GST applied on under-construction properties, has been much awaited by the Real Estate Market.
It is expected to increase the demand for properties across the country, and break the psychological barriers against under-construction properties. “The move to reduce GST, combined with the implementation of RERA, will boost demand and firmly revitalize the sector,” Mr. Rakesh Reddy, our Director, said.
While in conversation with The Hans India, our Director expressed his views on this development and what should be expected out of it in the future. To read the article click on the link below:
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