As of now, citizens of all sections of India experienced the bitter consequences of demonetization of high currency notes. Lack of sufficient currency in hands made the people losing the capacity of buying. Worse is the case with real estate and so was with other sectors.
Notwithstanding peple may face mayhem in near future. Economists informed that 4 lakhs people might lose jobs from various sectors. Most probably, 32 million people employed by textile and garment industry, might be losing their jobs soon while software employees might be issued with pink slips.
Real estate, on the other side, is likely to get its valuation wiped off upto 8 lakh crores. It remains to be seen how well the government overcomes this helter-skelter situation prevailed across India.