Why GST cuts won’t lower home prices anytime soon

The new Goods and Services Tax (GST) regime, which came into effect on September 22, has raised hopes of affordable housing.

This development is expected to make housing more accessible and cost-effective for many individuals and families. With streamlined taxation and reduced compliance complexities, the real estate sector anticipates a positive impact on pricing and supply.

As the implementation progresses, stakeholders remain optimistic about the potential benefits this GST regime brings to the housing market.
https://www.newsbytesapp.com/news/business/gst-2-0-won-t-immediately-make-homes-more-affordable/story