Category: Housing

5 percent GST on real estate on houses under construction.

In the 33rd Good Service Tax ( GST ) Council meeting, Arun Jaitley the Union Finance Minister and the state counterparts admitted to bringing the GST rate on under-construction houses in the normal category from luxurious category and bringing it down to, 5 percent GST on real estate from 12 percent. And GST on affordable […]

Housing in Mumbai

Mumbai, as we know as the New York of India, is the most progressive cosmopolitan city, contributing about 20% industrial outputs, 40% of income tax collection and 70% of capital formation. The Bollywood, as we know it, is largely based in Mumbai. With numerous people trying to get a glimpse of the fast paced lifestyle […]

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