Affordable Housing Threshold Likely To Be Hiked To Rs 55 Lakh, Luxury Projects To Cost More – News18

Affordable Housing Threshold Likely To Be Hiked To Rs 55 Lakh, Luxury Projects To Cost More – News18

Last Updated:October 29, 2024, 6:32 PM IST In a move targeting high-value properties, the GST Council has recommended a tax hike on luxury housing priced above Rs 15 crore. Currently, housing units priced at up to Rs 45 lakh are categorised as affordable. In a significant development, the Goods and Services Tax (GST) Council’s Group…

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