Understanding the GST Threshold for Affordable Housing

Understanding the GST Threshold for Affordable Housing

Did you know that when calculating the Rs. 45 lakh threshold for affordable residential apartments, it’s not just the base price of the apartment that counts? 😮

Charges like:

• Amenity fees
• Society formation costs
• Advance maintenance
• Legal charges

These are all included in the total calculation! 🤯
However, good news: stamp duty and long-term maintenance deposits are not part of this threshold. 🏷️

Why does this matter? Because understanding these details can make or break your project pricing strategy. Real estate developers and buyers, stay informed to avoid unexpected surprises during transactions. 💬

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