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Special Focus : Real Estate after Demonetisation - ABN

Sat, Jan 28, 2017, 10:33 AM
The demonetisation has severely dented the fortunes of the real estate sector, as the transactions have come to a stand still in the old ventures apart from lack of new ventures. The real estate sector had registered 7 % growth in the first six months of 2016, but ended at 23 % losses by the end of the year, following the demonetisation. The situation has turned more grave in the metro cities as lakhs of houses are idle, due to lack of buyers.
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