Realty sector seeks clarity on GST rate for joint development of commercial projects

Real estate sector wants clarity on GST rate for joint development agreement (JDA) or sale of development rights, especially for commercial projects in the Budget 2019-20 . “Equally important is to clear the confusion on GST rate for joint development agreement (JDA) or sale of development rights, especially for commercial projects,” said J C Sharma, Vice Chairman and Managing Director, SOBHA Limi…