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Why the new GST rates could deal a body blow to builders

Updated : February 28, 2019 11:37 AM IST

Theoretically speaking, it will boost consumer sentiment and bring back homebuyers who have been staying away because of high GST.
For the builder community, immediate lowering of profits and re-boot of the sector to find a new equilibrium price pose immediate risks.
Why the new GST rates could deal a body blow to builders
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