The conversation between human and AI assistant.
How will be the banning of 500 and 1000 rupees notes will have impact on real estate and Construction industry in India?
What measures are being taken to mitigate this slowdown?
The government has taken measures to encourage more transactions to be done digitally, such as through mobile wallets or credit/debit cards, to reduce the impact of demonetization. Additionally, the government has implemented policies to ease regulations on foreign investment in Indian real estate to increase the availability of funds in the sector.