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How does demonetization of the 500 and 1000 notes bring down the real estate price?
I'm interested in learning about how demonetization of the 500 and 1000 notes in India has affected real estate prices. Can you explain that to me, please?
Certainly. When the Indian government demonetized the 500 and 1000 rupee notes, it had a significant impact on the real estate market. Essentially, because people could no longer use those notes to purchase properties, the demand for real estate decreased, which in turn led to a softening of prices.