The conversation between human and AI assistant.
How will the ban on 500 and 1000 rupee notes effect land/house rates?
Can you explain how this greater transparency will affect the market?
The ban on high denomination notes will make it harder for people to transact in cash and will encourage more people to use digital payments, which will help reduce black money transactions. This could lead to a reduction in real estate prices as people may not be willing to pay as much money for properties that cannot be purchased with black money.