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GST reduction on certain properties is credit positive for developers, says Moody's

Updated : February 27, 2019 04:53 PM IST

Moody's believe recent reduction of GST on real estate is credit positive for India's property developers including Lodha Developers .
The credit rating agency says that the reduction in tax will boost demand and increase sales of properties under construction. 
GST reduction on certain properties is credit positive for developers, says Moody's
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