Real Estate
GST Council’s Decision on Construction Materials: A Boon for Real Estate and Housing
Mr. Venkatesh Gopalakrishnan, Director Group Promoter’s Office and MD of Shapoorji Pallonji Real Estate, discusses the impact of the recent GST rationalisation on the real estate sector. The rate cuts on essential construction materials are expected to significantly ease project costs and boost affordability for homebuyers.
real estate news
GST Council's Decision to Rationalise Tax Rates: A Boon for the Real Estate Market
The GST Council’s recent decision to reduce tax rates on essential construction materials is expected to significantly ease project costs for developers and boost affordability for homebuyers, particularly in the affordable and mid-income housing segments.
Real Estate
GST Cut on Construction Materials: A Boon for Homebuyers and the Real Estate Sector
The real estate industry has welcomed the GST Council's move to lower the tax rate on cement, which is expected to bring down overall project costs and benefit homebuyers.
real estate news
GST Council Recommends Hike in Affordable Housing Threshold to Rs 55 Lakh, Luxury Projects to See Higher Costs
In a significant move targeting high-value properties, the GST Council has proposed raising the threshold for affordable housing to Rs 55 lakh. This decision is expected to impact the luxury real estate market, leading to higher costs for premium projects
Real Estate
GST Council Meeting: GoM on Rate Rationalisation and Real Estate Submit Status Reports
The Group of Ministers (GoM) on rate rationalisation and the GoM on real estate submitted their status reports after the 54th GST Council meeting, as stated by Finance Minister Nirmala Sitharaman.
Real Estate
GST Council to Discuss Key Issues: Rate Rationalisation, Insurance Tax, and More
The GST Council meeting will focus on proposals aimed at rationalising the current GST structure, including the tax on life and health insurance policies, and discuss other key issues.
real estate news
GST Council Meeting Tomorrow: Expectations and Key Issues to be Discussed
GST Council Meeting, GST Compensation Cess, GST on Insurance Premiums, Relief for Foreign Airlines, GST Cuts and Exemptions
Real Estate
GST Council Meeting to Bring Relief for Property Buyers, Cancer Patients, and More
GST rate cuts on cancer drugs, exemptions on electricity meter services, and adjustments for the real estate sector are expected.
Real Estate
CM Chairs Crucial Meeting to Boost Real Estate Sector
The third meeting of the Group of Ministers (GoM) focused on addressing key issues in the real estate sector, including GST on lease for industrial plots and housing society redevelopment.
Real Estate
GST Council's RERA Exemption: A Major Step Towards Real Estate Transparency
The GST Council's decision to exempt RERA collections has far-reaching implications for the real estate industry, regulatory bodies, and homebuyers.
Real Estate
GST Council Revamps 3 Key Groups of Ministers with 11 New State Ministers Onboard
The GST Council is set to reconstitute three crucial Groups of Ministers (GoMs) following the induction of 11 new state ministers, including those from Andhra Pradesh, Bihar, and Odisha.
Real Estate
GST Council's Corporate Guarantee Relief Not a Boon for Realty and Power Firms
The GST Council's decision to provide tax exemption on corporate guarantees may not provide relief to real estate and power sectors, facing tax liabilities of Rs 1,000 crore.
Real Estate Maharashtra
GST Council to Reconstitute Three Group of Ministers as New Ministers Join
The GST Council will reconstitute three Group of Ministers (GoM) as new ministers from 11 states join the body, including those on analysis of revenue from GST, boosting the real estate sector, and GST system reforms.
Real Estate Maharashtra
GST Council to Reconstitute Crucial Ministerial Groups Amidst Cabinet Reshuffle
The GST Council needs to reorganize three critical Groups of Ministers (GoMs) focusing on GST revenue analysis, real estate sector, and GST system reforms following the induction of new ministers from 11 states.
Real Estate Maharashtra
GST Council Revamp: New Ministers to Join Key Groups
The GST Council is set to undergo significant changes with the induction of new ministers from 11 states, necessitating the reconstitution of three key Group of Ministers (GoM).
real estate news
GST Council Meet: Will Coalition Dynamics Affect Decision-Making?
The upcoming GST Council meeting is expected to address several key issues, including rate rationalisation, bringing petroleum products and real estate under GST, and reviewing GST rates on online gaming.
Real Estate
GST Council Meet: States' Upper Hand to Shape Crucial Reforms
The upcoming GST Council meeting on June 22 will be crucial, with states likely to have a significant say in policy decisions, including rate rationalisation, petroleum products, and real estate under GST.