The Confederation of Real Estate Developers' Associations of India (CREDAI) has strongly opposed the central government's proposal to impose an 18% GST on chargeable Floor Space Index (FSI), warning that it could lead to a significant rise in housing prices and adversely affect the real estate sector.
Currently, local authorities grant chargeable FSI for construction projects, with developers purchasing additional FSI by paying for it via Transferable Development Rights (TDR). However, the central government's recent proposal to impose 18% GST on this
هذه القصة مأخوذة من طبعة December 21, 2024 من Ahmedabad Mirror.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
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هذه القصة مأخوذة من طبعة December 21, 2024 من Ahmedabad Mirror.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
HOUSING PRICES MAY RISE 10%
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