The slash in GST rates to 5 per cent without ITC from the previous 12 per cent with ITC for premium homes, and to 1 per cent minus ITC for affordable homes from the earlier 8 per cent, gives the beleaguered realty sector the much-needed breathing room and will certainly help it maintain some forward momentum in 2019.
Tag: ANAROCK Property Consultants
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Housing for All by 2022 to attract $ 1.3 trillion
The ancient Chinese curse, 'May you live in interesting times,' certainly has a lot of pertinence to the Indian real estate today. These are doubtlessly the interesting times for the sector, which has transformed significantly over the last decade.
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Housing for All to attract USD 1.3 trillion into residential by 2025
In order to fulfill the various schemes by the government, India needs investments up to USD 4 trillion over the next 5-6 years.