Council asks GOM on realty to look into fresh concerns flagged by Maharashtra & Punjab

State of Maharashtra & Punjab express fresh reservations w.r.t revised GST rate structure for real estate, requesting for tweak in package; State of Maharashtra claims that definition of ‘affordable housing’ does not fit in for Mumbai & Pune and ceiling should be considered as Rs. 70 lacs for Mumbai and Rs. 60 lacs for Pune; Clarity has also been sought on treatment of GST for slum re-development: Further, State of Punjab has sought clarity on long-term lease for ...