Browsing: GST

Column GST, GST on Property, GST on Home Buying, GST on Under Construction Property, GST on Ready to Move Property, India real estate news, Indian realty news, Real estate news India, Indian property market news, Investment in property

Major implications of the GST rate cut

This is a major push to the housing sector as aspiring home buyers now have a wider range of options to choose from. Additionally, developers would be enthused enough to commit towards offering more residential options in the affordable category.

Policy Tax, Tax in Real Estate, GST, GST in real estate, Goods and Services Tax, GST liability for homebuyers, Tax liability for homebuyers, GST on ready to move property, Tax burden on homebuyers, GST increasing taxes in property, India real estate news, Indian realty news, Real estate news India, Indian property market news, Track2Realty

GST not tax neutral for homebuyers

It is true that the GST burden is today a huge deterrent in the housing market and a large share of homebuyers are now waiting for the project to be ready as the ready to move apartment won’t attract GST burden. The problem, however, is with millions of buyers who are in the mid cycle of construction and the GST has suddenly added to their already over stretched budget in the housing market.

Finance GST, Goods & Services Tax, Impact of GST on homebuyers, Track2Realty, India real estate news, Indian property market, NRI investment in India

GST or Gone Service Tax for ready apartments?

If one has to ask a homebuyer about his dream wish list, one would ask for few things like getting what one can see, carpet area that could be measured, no hidden cost and, last but not the least, no extra tax. Now it seems these fancy wishes would be true with the Goods & Services Tax (GST) if only one would go for a ready to move property.