Real Estate Why the new GST rates could deal a body blow to builders Updated : February 28, 2019 11:37 AM IST Theoretically speaking, it will boost consumer sentiment and bring back homebuyers who have been staying away because of high GST. For the builder community, immediate lowering of profits and re-boot of the sector to find a new equilibrium price pose immediate risks. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.