Following are some of the activities which are treated as supply for charging GST in Real Estate –

• Renting of residential property
• Construction of a residential complex, building including a complex or building intended for sale to a buyer, wholly or partly, except where the entire consideration has been received after issuance of completion certificate by the competent authority or after its first occupation
• Works Contract i.e. a contract for building, construction, fabrication, completion, erection, installation, fitting out, improvement, modification, repair, maintenance, renovation, alteration or commissioning of any residential property wherein transfer of property in goods (whether as goods or in some other form) is involved in the execution of such contract

Applicability of GST on construction of apartments in a real estate project
With effect from 01.04.2019, rate of GST applicable on supply of construction service involving transfer of property in land shall be as follows –

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