🏠GST Rate Reduction on Cement: How It Can Help Homes Become More Affordable The September 3 decision by the GST Council to reduce the rate of tax on cement to 18% from 28% is being viewed as a watershed moment for the real estate industry. Specialists opine that this move has the potential to lower costs by 3-5%, benefiting buyers, builders, and the economy. Above all, affordable housing could...