The conversation between human and AI assistant.
How will the ban on 500 and 1000 rupee notes effect land/house rates?
Do you think the ban on cash transactions above Rs 3 lakh will affect real estate transactions?
Definitely. The cap on cash transactions will make it difficult for buyers to make large payments in cash, which may result in a decline in demand for luxury properties. This, in turn, could affect the prices of these properties.