Union Minister urges real estate sector to pass GST benefits to homebuyers
Union Minister Nitin Gadkari called on real‑estate developers to transfer the savings from the Goods and Services Tax (GST) to purchasers of under‑construction homes. He said the reduced tax rate, introduced to lower costs for buyers, should be reflected in price reductions or better terms. The minister emphasized that passing on these benefits would boost affordability and demand in the housing market.