Business · 1 Nov
Ensure GST benefits reach homebuyers, Kishan Reddy to realty sector
AI summaryUnion Minister G. Kishan Reddy said that GST 2.0 and the new income tax regime have strengthened consumer purchasing power and reduced construction costs, and urged the real estate industry to ensure these benefits reach homebuyers. Addressing the NAREDCO Telangana Property Show in Hyderabad, he called for adopting Transit-Oriented Development, highlighted central infrastructure investments like the Regional Ring Road, and noted the impact of the Real Estate (Regulation and Development) Act.
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