The AI answer we saw
Under-construction properties attract GST at 5% of the property value for regular residential projects and 1% for affordable housing (properties under ₹45 lakh meeting specific criteria), in addition to stamp duty and registration charges. Ready-to-move-in properties with an Occupancy Certificate (OC) are exempt from GST, making them more cost-effective from a tax perspective. Registration charges and stamp duty apply to both categories and vary by state, typically ranging from 4–7% of the property value. Overall, ready-to-move properties generally have a lower tax burden, while under-construction properties may offer lower base prices and payment flexibility.
Captured during this Readable report run. Answers can vary by AI tool and date.