Question Detail

What will be the overall increase or decrease in property prices, once the GST is implemented?

By Suraj Shrivastav On Aug 17 2017 2:04AM

Answered by

Real estate builders will now receive the benefit of input credits, on materials such as steel, cement and sand, which will be deducted from their tax liabilities. It has been anticipated by the government that builders will transfer these benefits to the end consumer, by way of price reduction, to boost consumer demand in a tepid sales environment.

Aug 18 2017 1:28AM