With demonetization showed its ugliest effect on real estate sector, the values of lands and sites have drastically depreciated. Scarcely do we see Property Transactions done post the demonetization came into the force
Meanwhile, economics speculate that there will be no raise of real estate in near future. Further, they are advising the people to wait for property transaction until May, 2019. They are anticipating that the BJP would be defeating utterly in the election battle and a new government would replace it
"If at all the government gets changed, entire scenario maybe changed. The new government would take necessary action to bring normalcy from the existing cash crunch scenario. Further, real estate sector would picks up momentum," speculated the economists and political analysts.