The conversation between human and AI assistant.
How does Demonetisation of 1000 and 500 rupees notes affect real estate industry?
Are there any long-term effects of demonetisation on the real estate industry?
It is too soon to predict the long-term effects, as the industry is still recovering from demonetisation along with other factors such as the implementation of Real Estate (Regulation and Development) Act, 2016. However, demonetisation has brought transparency and accountability to the industry, which could have positive effects in the long run.