People putting off buying homes to save GST

Buyers have decided to invest in homes after April 1, 2019, so that they can avail the benefits of reduction in the GST. GST was reduced from 12 per cent to 5 per cent for under construction houses, while in case of affordable houses, it was reduced from 5 per cent to 1 per cent. A house which costs less than Rs 45 lakh is falls under the affordable category. If the person postpones his decision o…