new delhi housing prices will come down after the gst rollout union minister m venkaiah naidu today said while expressing confidence that the landmark tax regime along with property law will bring big relief to home buyersnaidu the minister for urban development and housing urban poverty alleviation said only flybynight operators and habitual tax evaders are opposing the goods and services tax gstgst plus real estate regulation development act rera will definitely bring big relief to house owners there is no scope for evading anything in the gst input credit will also be transferred he said at the aaj takgst conclavethe rera regulations which came into force from may this year are such that there is no way to escape he addedas a urban development and housing minister i am the happiest man that with the gst prices of houses will definitely come down naidu said if anybody is opposing the gst it is habitual tax evaders larger builders community is happy except flyby night operators he saidthe minister emphasised that the centre and states need to implement the new real estate law in an effective manner land and housing are state subjects states are implementing agency he said but quickly added that he was not shying away from his responsibilitiesthe minister was responding to a query about significant delays in housing projects in the national capital region causing distress to home buyers and investorsnaidu said he will discuss the issue with the uttar pradesh governmentyesterday the government hiked the gst rate for the construction sector to 18 per cent from 12 per cent but removed land value from computation of tax liabilitythe gst council had in may decided to levy 12 per cent gst on construction of a complex building civil structure or intended for sale to a buyer wholly or partly the value of land was to be included in the amount on which tax was to be calculated