Will Home Buying Will Be Cost Effective In 2019


With government’s decision to reduce GST from 12% to 5%, it is expected that flats in Ghaziabad would be easier to buy and cost effective in 2019. To fulfill the objective of ‘Housing For All by 2022’, GST for affordable housing has been reduced to marginal 1 per cent. Before this decision, the effective rate of GST for affordable housing was 8%.
With this, it is clearly evident that the government wishes to push the sales of affordable homes. It is expected that the lower tax burden is certainly will increase the demand in this segment and keep the real estate developers in Ghaziabad committed towards building more pocket-friendly housing projects.

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Created by LandCraftDevelopers 2 years 31 weeks ago – Made popular 2 years 31 weeks ago
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