The conversation between human and AI assistant.
How does demonetization of the 500 and 1000 notes bring down the real estate price?
That's interesting. Do you think the real estate market in India has recovered from the demonetization?
The market has started to recover somewhat, but it's still not back to pre-demonetization levels. The government's efforts to promote affordable housing and provide incentives to developers have helped, but there are still challenges that need to be addressed. For example, there's a need for greater transparency in the real estate sector, as well as more effective regulation and enforcement of existing laws.