GST: CREDAI seeks bank funding for developers to buy land for affordable housing projects – GST Station

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Gst News – Latest gst News, Information & Updates – Real. – CREDAI seeks bank funding for developers to buy land for affordable housing projects .. Builders will not be able to adjust the accumulated credits in ongoing projects in case they opt for lower new GST rate of 5% for normal and 1% for affordable housing. pti /

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'Developers need finance to buy land for affordable housing. – Read more about ‘Developers need finance to buy land for affordable housing projects’ on Business Standard. Government should facilitate finance to acquire land for affordable housing projects by real estate developers, Confederation of Real Estate Developers’ Association in India (CREDAI) President Jaxay Shah said on Wednesday.

CREDAI seeks bank funding for developers to buy land for. – Land funding is typically done by NBFCs or private equities, it said, but added that cost to developers are as high as 25 pc. CREDAI seeks bank funding for developers to buy land for affordable.

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Want to buy affordable home? After ‘triple whammy’, here. –  · realtors’ apex body credai demanded reduction in GST, easier bank financing for purchase of land to develop affordable housing and single-window clearance for approval of real estate projects to boost the sector. Stating that the real estate sector faced triple whammy in form of demonetisation, GST and the new realty law, CREDAI President Jaxay Shah said the industry is.

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Sachdeva Stocks – Dear KINDLY UPDATE (NOW) AS FOLLOWS. – See more of Sachdeva Stocks on Facebook. deposits again come under scanner GST Council may give 1-year extension to anti. housing projects CREDAI seeks bank funding for developers to buy land for affordable housing projects Round-tripping still rampant in gold.