Impact of Demonetization on Indian Economy with Respect to Real Estate Sector
Interdisciplinary National Seminar on Demonetization Its Impact on Indian Economy, Society, Politics and Mob Psychology, Forthcoming
4 Pages Posted: 12 Feb 2018
Date Written: February 8, 2018
The objective of this study is to give brief overview about impact of demonetization on Indian economy with respect to real estate business. In this paper we will discussed both positive impact and negative impact on this sector. It will eliminate the black money and bulk cash transaction involved in this sector. It will hamper on this sector in terms of prices of property, renovation, affordability for consumer who are price conscious, Interest rate etc. Demonetization will reduce or create liquidity problem.
Keywords: Demonetization, Real Estate, Indian Economy, Sectoral growth.
JEL Classification: A1, A19, E3, E4, E5, E59, E60
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