Real estate shares rally on hopes of GST rate cut

Shares of  real estate  companies have rallied by up to 20 per cent on the BSE on hopes of cut in the goods and services tax (GST) rate for under-construction and finished houses to 5 per cent.Ansal Properties & Infrastructure and Ansal Housing have locked in upper circuit of 20 per cent each. Parsvnath Developers, Ganesh Housing Corporation, Housing Development & Infrastructure…