This article explores the impact of GST on residential property purchases in India, detailing rates, exemptions, and criteria for affordable housing.
Understanding apartment size calculations (carpet area, built-up area, super built-up area) is crucial for informed property decisions. RERA has impacted carpet area calculations, now including internal walls but still excluding load-bearing walls.
Bangalore's real estate market is recovering post-demonetisation, with rising luxury and affordable housing demands driven by a growing population of HNWIs.
Budget 2013 misses key real estate reforms, impacting the sector, and focusing on affordable housing while increasing the burden on higher earners through TDS on properties over Rs. 50 lakh.