Sales of luxury homes at and above Rs 4 crore grow 10% yoy
Residential property sales across categories reached 85,000 units in January-March, growing 8per cent year-on-year.
Residential property sales across categories reached 85,000 units in January-March, growing 8per cent year-on-year.
In August, Sitharaman had announced the first set of such measures. This is the next round of sector specific initiatives.
It is a buyer-centric move. Developers will be burdened with GST payments to vendors, suppliers, agencies and contractors and it will increase the cost further amid the already shrinking margin due to the dynamic policies of the government.
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