How Demonetisation affected the Real Estate Industry: RBI’s Theory

As against general perception, real estate prices actually increased across the country during the demonetisation quarter going by latest House Price Index figures released on RBI’s website. The all India House Price Index (HPI) increased by 2.3% from 234.9 for second quarter of 2016-17 to 240.2 in Q3 (October to December 2016) of 2016-17 as per provisional figures. This quarter would reflect the impact of demonetisation of … Continue reading How Demonetisation affected the Real Estate Industry: RBI’s Theory