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Road to GST: Impact on home buyers

16 June, 2017 9:04 AM
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Road to GST: Impact on home buyers

With the goods and services tax (GST) all set to become a reality in less than a month from now, potential home-buyers are in a bit of a fix. While GST has been set at 12 percent, this rate does not include stamp duty or the cost of land. What does this mean for property prices and the industry at large? Watch accompanying video of CNBC-TV18's Kevin Lee for a detailed analysis.

With the goods and services tax (GST) all set to become a reality in less than a month from now, potential home-buyers are in a bit of a fix. While GST has been set at 12 percent, this rate does not include stamp duty or the cost of land. What does this mean for property prices and the industry at large?

Source: moneycontrol.com

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