As you aware, Hon’ble Finance Minister, in his speech of Finance Bill, 2013 in respect of proposed reduction in the rate of abatement, had announced that: 

“For homes and flats with a carpet area of 2,000 sq.ft. or more or of a value of 1 crore or more, which are high-end constructions, where the component of services is greater, rate of abatement reduced from 75 to 70 percent.”

The above amendment was brought in to effect from 01.03.2013 vide notification no. 02/2013 in order to cover up the high end construction having greater component of service. The intent of the amendment was to cover all those construction fulfilling any of the above aspect.

However, the wording of the notification gives a different meaning which says that benefit of abatement at the rate of 75 is available if any of the following condition is satisfied:

a)    Residential units having Carpet area up to 2000 square feet;