Motilal Oswal
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Motilal Oswal
Business

GST rate cut – panacea or brief pain relief for real estate?

Updated : February 18, 2019 03:54 PM IST

GST rate cut or not, GST-exempt ready-to-move draws maximum sales.
Of total unsold stock of 6.73 lakh units in the top seven cities, only 13 percent are ready-to-move-in.
Of 5.88 lakh unsold under-construction units, 20 percent to be completed in 2019 – addition of 1.16 lakh ready-to-move-in units.
GST rate cut – panacea or brief pain relief for real estate?
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