RERA bring in transparency–Niranjan Hiranandani, President, NAREDCO on bringing Real Estate under GST

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New Delhi, October 16, 2017: “The Finance Minister Mr. Arun Jaitley has spoken about bringing real estate within the ambit of the Goods and Services Tax (GST). He said the move would benefit the consumers who will only have to pay one “final tax” on the whole product. This is obviously, a good thing to happen, and the real estate industry will welcome the move. From the perspective of the home buyer, not only will RERA bring in transparency, but bringing real estate within the ambit of GST should also make it less of a burden vis-à-vis taxes payable at the time of buying the home. Not only will this create positive sentiment but it should also boost actual sales”. said Mr. Niranjan Hiranandani, President, NAREDCO 

Corporate Comm India(CCI Newswire)