NAREDCO seeks rationalisation of GST on under-construction properties
NEW DELHI: National Real Estate Development Council (NAREDCO) on Tuesday requested government of India to rationalise GST on real estate, bring stamp duty under the purview of GST and incentivise rental housing in the upcoming interim Union Budget 2019-20.Niranjan Hiranandani, president, NAREDCO said, “The real estate sector is passing through a difficult phase because of…