Wednesday 24 January 2018

Budget 2018: What India's real estate sector expects


The single-tax regime in India ushered in additional cost pressure on real estate. Presently real estate falls under 18% tax bracket of the Goods and Services Tax (GST) Act with 1/3rd abatement for land. However in major metros, the share of land is more than 50% of the project cost.

You can read more here: Budget 2018: What India's real estate sector expects

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