Finance
Understanding Property Tax and GST
A simple breakdown of the taxes involved in buying, selling, and owning real estate in India.
Anand Kumar
Wealth Advisor
April 1, 2026 6 min read
GST on Under-Construction Properties
Currently, GST is 5% without Input Tax Credit (ITC) on residential properties, and 1% for affordable housing. Ready-to-move-in flats with a Completion Certificate are exempt from GST.
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