GST Rate Cut

What the Real Estate Market Expects from the GST Council – RealtyMyths

After being post-postponed a few times, the 33rd GST Council meeting came to a draw on the 24th of Feb 2019. With the elections around the corner, it was expected that the council would introduce sops to appease voters in favour of the incumbent. The prominent expectations of the real estate sector f...Read More

New GST Rate for a Better Tomorrow in Real Estate – RealtyMyths

Mr Rishi Jain, Managing Director, Jain Group One of the most important things that a person can aspire for is – having their own home. Home, just after food and clothing are the most basic and yet the most aspiring element of someone’s life as most people buy homes only once in their lives. Normally,...Read More

GST Rates Cut, Affordable Housing Redefined – RealtyMyths

The slash in GST rates to 5% without ITC from the previous 12% with ITC for premium homes, and to 1% minus ITC for affordable homes from the earlier 8%, gives the beleaguered realty sector the much-needed breathing room and will certainly help it maintain some forward momentum in 2019. Another booste...Read More

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