Realtors want govt to rationalise GST on under-construction properties in a bid to encourage sales

Realty experts and developers want the government to rationalise Goods and Services Tax (GST) on under-construction properties to encourage their sales. The sale of under-construction properties has decreased as buyers have to pay the GST, in addition to stamp duty and registration fees. Pankaj Kapoor, real estate expert and founder and managing director of Liases Foras, said sales of under-constr…