News
Builders, experts differ on price impact of GST on residential property
- Date:
- June 7, 2017
- Source:
- Economic Times
People deliberating about buying their dream home might have to wait a little longer before the impact of the proposed goods and service tax (GST) regime becomes clear on their prospective purchase value. Experts and real estate representative bodies don't yet have a singular view on the impact of the new indirect tax regime. GST has been fixed at 12% for under construction and new projects. A lot…