Big GST relief! Good news for homebuyers; No GST on purchase of these flats - Details here
The ministry also asked the builders to reduce the prices of properties by passing on the benefit of lower GST rate.
It further said affordable housing projects like Jawaharlal Nehru National Urban Renewal Mission, Rajiv Awas Yojana, Pradhan Mantri Awas Yojana or any other housing scheme of state governments attracts 8 per cent GST. Reuters