Question Detail

Is it true that under-construction properties will be costlier, compared to ready-to-move-in properties?

By Harminder Sandhu On Aug 17 2017 2:02AM


Answered by info@realtymedia.in

Yes, because GST at the rate of 12 percent shall be levied on properties that are under construction, where the completion or first occupancy certificate has not been received.

Aug 18 2017 1:31AM