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Understanding Real Estate Tax : Latest GST Rate on Flat Purchase 2023

Understanding Real Estate Tax-Latest GST Rate on Flat Purchase 2023


As a real estate agent in India, it’s important to understand the Goods and Services Tax (GST) implications for home buyers. When purchasing under-construction properties like flats, apartments, and bungalows, buyers are required to pay GST at a rate of 1% for affordable housing and 5% for non-affordable housing. This applies to properties that fall […]