Within past one year, India Make few potential and positively long-lasting changes in the real estate. It’s moving towards demonetization and It will ensure that in future, the sector will present remarkable transparency by eliminating its historic taint. The esteemed persons who kept their values since then,will survive in this business. Every end-user authorized for the purpose to have prospective information regarding this area and need to be surfaced their rights and involving areas. In this extent, there is variation available in choices and prices. By the help of this initiation customer easily avail the properties at satisfied prices, keeping delivery on time.
If we analyze the scenario, real estate majorly impacted due to this exercise for residential because the payment was gone through in cash till now. The procedure would change because of demonetization. It needles down the prices of splendor residence so that could be purchased in affordable rate. Online banking and transaction used by limited mass as being not habitual to read all data and terms & conditions consistently.
This business platform was running because of black money and people involved wanted to reduce their tax ,so the direct impact would be seen to have no black money in this way. Transparency is going to play an important role to optimize the price up to the minimum possible rate. This significant change stated us steady and valuable mark in this world.
Still, Retailers have believe that Demonetization is not going to affect their market because of having a good reputation. All top builders in Noida continuously working ahead as per the Consultants view. Demonetisation provided an oppertunity that people having limited salary can also get a relief on housing loans on an affordable price and low EMIs..