Apart from this, from the buyers point of view, as such no changes in GST rates on affordable housing has been made by the government. Buyers will still have to pay 12 percent GST on affordable housings. However, buyers will be entitled to claim input tax credit. Under the Goods and Ser...
The scheme is applicable to individual housing loans sanctioned on or after 01/04/2017 and falling under Statutory Town definition of Pradhan Mantri Awas Yojana-Urban. ROI is fixed for an initial period of 7 years. ROI would automatically shall be converted to variable interest rate for the res...