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Showing posts with the label Ashada property buying

GST on Property Purchase in 2025: What Every Buyer & Developer Must Know

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  Introduction: Don’t Let GST Catch You Off Guard If you're planning to buy property in India in 2025 — be it a villa plot, a flat, or a commercial investment — understanding how GST applies is absolutely essential. At SLV Housing Development Corporation , we’ve seen countless buyers walk into deals without fully grasping the tax implications. Some paid more than necessary. Some missed out on savings. And many were simply confused. So we created this guide — clear, respectful, jargon-free — to help buyers, landowners, and developers make smarter real estate decisions. GST on Residential Property in 2025 Here’s the good news: GST doesn’t apply to all types of properties. If you’re buying a ready-to-move-in home , where the builder has already received a completion certificate or occupancy certificate (OC), then you don’t need to pay any GST at all. However, for under-construction homes , the GST does apply. The rate depends on whether the project qualifies as affordable housing or...

Rebate on Property Guidance Value Must Be Extended: A Call to Empower Buyers During Ashada

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  "In a market that thrives on timing, sentiment, and affordability — guidance value rebates aren't just discounts, they're decisions made easier." The Buyer Pulse: Why the Current Rebate Window Matters In a state where tradition meets transition, real estate decisions often pause during Ashada Masa , considered inauspicious by many. Historically, this sacred month witnesses a slowdown in property transactions, not because of lack of interest — but due to deeply held cultural sentiments. Now, combine that with a limited-time 10% guidance value rebate that is set to expire on July 25, 2025 — and we’re looking at a collision between opportunity and hesitation. As SLV Housing Development Corporation , we stand with our fellow real estate developers and prospective homebuyers in urging the Karnataka government: Extend the guidance value rebate. Let sentiment and savings walk hand in hand. Understanding Guidance Value — And Why It Matters Now What is Guidance ...