Experts' Take
Abhay Kumar, Chairman & Managing Director, Grihapravesh Buildteck

The proposal to levy VAT is a welcome step but would actually create a hole in the buyer’s pocket. The VAT being indirect tax would ultimately be passed on to the buyers. This would have a marginal increment in the property prices. In Maharashtra, the VAT is already being passed on to the buyers which was a precursor for passing on this indirect tax pan-India. Due to the delay in GST, this step is being taken by various state governments.
Abhay Kumar, Chairman & Managing Director, Grihapravesh Buildteck
- News3 weeks ago
Spectrum@Metro Brings Biggest Dandiya Night to Noida on September 27
- News4 weeks ago
Suraksha Group Leads Mechanization of Construction With One of Asia’s Largest Captive Precast Factories
- Guest Column4 weeks ago
The Connectivity Game: How Expressways are Redefining Urban Aspirations
- Guest Column3 weeks ago
What Homebuyers Should Know Before Choosing to Invest in Tier-II Cities
- Guest Column4 weeks ago
Farmstays Redefine Concept Of Experience-Driven Real Estate Across India
- Guest Column3 weeks ago
The Infrastructure Effect: Jewar Airport, Metro Drive Luxury Housing Boom in Noida-Greater Noida
- News4 weeks ago
The Omaxe State Hosts Prestigious BRICS CCI Gala Event on Mega Sports Cities
- News4 weeks ago
Sky-High Luxury or Ground-Level Grace? Decoding Gurugram’s Housing Revolution