AAR: ‘Affordable housing project’ status construable for 'Entire Township', denies 'concessional rate' benefit

Gujarat AAR denies applicability of concessional rate in respect of low-cost houses constructed with a carpet area of 60 square metres per house in an “affordable housing project” (AHP) which has been given infrastructure status; Holds since 50% of FAR/FSI of the entire housing project which comprises of Part-A and Part-B has not been used for construction of dwelling units with carpet area of not more than 60 sq.meters (as per the requirement in Notification of the Gover...