India's Currency Ban Hits Real-Estate Market – Wall Street Journal

Wall Street Journal

India's Currency Ban Hits RealEstate Market
Wall Street Journal
Much of the country's realestate transactions, particularly land and home sales, have been conducted on a largely cash basis to avoid taxes. With many buyers now on the sidelines, sales have evaporated and huge price discounts are expected when the …
Real estate sector has sunk since its creation, and could spiral furtherCNBC
50% fall in queries by homebuyers, sales slow after demonetisationHindustan Times

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