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Effect of Demonetization on Real Estate Sector & Construction Management

Journal: International Journal of Scientific Engineering and Science (Vol.1, No. 11)

Publication Date:

Authors : ;

Page : 63-64

Keywords : ;

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Abstract

In the financial year of 2016-17's third quarter INDIA'S Prime Minister Mr. Narendra Modi has banned INR rs.500, rs.1000 notes on 8th Nov. 2016. Which has the intensions of cleaning the system up removing black money and corruption out. The various effect of this demonetization over construction industry are been discussed in this entire research i.e. over the different segments of real estate sector and construction management. The residential real estate, the commercial real estate, investment market, retailers, land sales and leasing, sales and pricing details, about the cash transactions , home loan interests, stock market, purchase rates, change in speed of construction work, current scenario of real estate sector etc. defines the outcome of the demonetization, either it's positive towards the intensions or may not be much effective enough, different aspects and studies from government's and developer's point of views have been researched.

Last modified: 2017-12-20 11:28:01