How GST 2.0 impacts on future of Indian Real Estate
How GST 2.0 impacts on future of Indian Real Estate Real Estate Industry plays a major role in Indian economy growth, by creating numerous jobs, developing both urban and rural areas to sky level constructions. As the Goods and Service Tax 2.0 rolls out, its new reform will undergo several changes on Sept 22, 2025, the real estate market will switch to another dimension in 2017. The new tax reforms are expected to unlock every fresh momentum across residential, commercial and office space; it will lead the real estate market to be more affordable, transparent and investment-friendly than ever before. What is GST 2.0? Goods and Service Tax 2.0 is a new reform structure with rules and regulation that changes the entire GST structure from 2017. It redefines the tax slabs, reduces the price range for construction materials and brings back input tax credits(ITC) in a potential manner. The GST 2.0 aims to ease financial pressure on developers and make housing more affordable for b...