Statement from CBRE on GST Council meeting

Statement from CBRE on GST Council meeting

Mr. Anshuman Magazine, Chairman & CEO, India, South East Asia, Middle East & Africa, CBRE, says, “This is a huge relief for home buyers and the developers alike. The reduction in GST on under construction residential projects will further give much-needed boost to the industry. Having a standard tax will surely help the developers to save cost and achieve economies of scale at various levels and help them to pass benefit to the consumers.”