CREDAI-MCHI urges finance minister to change redevelopment projects’ GST structure

Real estate developers have approached the Ministry of Finance with their concerns over the impact of the Goods & Services Tax (GST) being levied on rehabilitation apartments being built and given back, free of cost, to existing occupants as part of redevelopment projects. The Confederation of Real Estate Developers' Association of India (CREDAI) - MCHI, has written to Finance Minist…