under-construction flats

GST cut to boost sales of under-construction flats; no ITC may hit builders' profit margin: Moody's

The GST Council had on Sunday decided to cut goods and services tax (GST) rate on affordable homes to 1 per cent without input tax credit (ITC) from earlier 8 per cent with ITC.

Feb 27, 2019, 13:56 PM IST

GST on under-construction flats slashed to 5%; affordable housing to attract 1%

In a big relief to home buyers, the GST Council Sunday slashed tax rates on under-construction housing properties to 5 per cent without the input tax credit, from the existing 12 per cent, Finance Minister Arun Jaitley said.

Feb 24, 2019, 18:28 PM IST

Some stalled projects tarnishing image of entire sector: CREDAI

Realtors' apex body CREDAI on Thursday said image of the entire real estate industry is being hit due to stalled projects of some big builders in Delhi-NCR and offered its help in completing their under-construction flats.

Aug 31, 2017, 22:51 PM IST