Real Estate, Hit By PM Modi’s Shock Therapy, In Deep Crisis
Removing 86 percent of cash, at the time a key part of many real-estate transactions, dented sales and new launches of residential projects, which make up 80 percent of the market.
India's property sector was already battling a slowdown last year, when Prime Minister Narendra Modi's crackdown on cash quashed any hope of an imminent revival.
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Source : Real Estate, Hit By PM Modi's Shock Therapy, In Deep Crisis