“Through the pandemic in 2020, the real estate sector has been amongst the few that recovered the fastest. We wish to see some effective work on policies such as uniform taxation, single window clearance for schemes and making more financing options available. Consumer affordability can also be enhanced through increased tax relief measures and lowering interest rates. The GST on construction materials currently impacts the construction costs significantly and thereby affordable homes are not getting really affordable. A rationalized GST bracket with Input credit will help the government work quickly towards Housing For All mission with cost effective homes”.
