The conversation between human and AI assistant.
How do the real estate prices get affected by the Indian Government's decision to de-monetize 500 and 1000 notes?
That's interesting. Were there any other factors that contributed to this decline in prices?
Yes, there were a few other factors as well. For instance, the Indian Government's crackdown on benami properties, which are those that have been purchased in somebody else's name to avoid taxes, also contributed to the decline in real estate prices. Additionally, the introduction of the Real Estate (Regulation and Development) Act, 2016, which brought more transparency and accountability to the sector, also played a role in the decline of prices.