Latest Answer: Hi folks,
Pride Purple by Pride Purple Group, Wakad, Pune is offering 2 and 3 BHK residential flats. Sizes are available from 1070 - 1205 sq.ft (Built-up area) and 1465 - 1615 sq.ft in 3 bhk. Its current asking rate is Rs.6400 per sq-ft. This project is approved by PCMC and almost all the leading banks and financial institutions are offering loan for this project. As far as project location is concerned, it will be August 2018. And its booking amount will be 10% of the agreement value.
Latest Answer: Apart from that, currently in the real estate sector when a house is bought by the consumer, they pay service tax of 4.5 per cent. Under GST regime, the real estate sector has been put under 12 per cent bracket. This means that instead of paying 4.5 per cent tax, the consumer will have to pay 12 per cent which means a rise of 7.5 per cent. The consumers who do not pay the whole amount together and choose the option of paying it in monthly instalment also pay service tax. This will also get converted to GST.
