This discussion clarifies the definition of affordable residential apartments under GST, which includes specific carpet area limits and a maximum gross amount of Rs 45 Lakhs. It addresses whether row bungalows, row houses, or separate bungalows meeting these criteria can also be classified as affordable housing and what GST rate would apply. The consensus is that if these properties meet the defined conditions, they can indeed be considered affordable housing under GST.
16 October 2021
Sir As per GST , affordable residential apartments includes In metro city - carpet area up to 60 sq metter in other than metro city - carpet area up to 90 sq metter Gross amt up to Rs 45 Lakhs.
But I have a question that , if I am going to construct Row Bunglows or Row Houses or separate bunglows & i fulfill all above condition , then same should be included in affordable residential apartment ? & what will be the GST Rate for the same ?