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Friends
how much impact does service tax have on real estate.does it have impact on land prices and home prices?inputs informative
thanks in advance
Regards
pc

With the recent increase in Service Tax from 12.36% to 14% which is effective from today,
there is overall increase in the cost of Raw Material/interior Services/Flat costs.

Obviously all the housing developers will get another genuine excuse to increase the cost of their project immediately.