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The eighth day of November brought a radical change in the lives of crores of people of India. The economy is trying to grapple with the effect of demonetization announced by the Prime Minister of India. There are many sectors which are hit after the announcement of demonetization, but the call is being supposed for the larger good of the economy.
Let’s have a look at the impact of the announcement on real estate sector:
In a nutshell, there may be challenging times ahead for the real estate developers, but once things become stable, it will make things right for property buyers and consequently for developers.
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Source: ET Realty
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