As of now, Demonetization seems to be fruitful for both of the buyers and developers. Property Investors are more comfortable than before to invest in real estate projects.

Noida, November 25, 2016: Our honorable Prime Minister Mr. Narendra Modi has recently announced to ban all the old 500 Rupees and 1000 Rupees note in India on 9^th November 2016. All the sectors come under Indian Economy have been shaken by this midnight announcement of demonetization and the Real Estate sector is not an exception in this case.

Experts say, demonetization creates a win-win situation for the buyers, investors and developers. It has been believed that this decision will make the Real Estate Sector more transparent and profitable. The impact of demonetization on real estate will work in favor of Indian Economy as 5%-6% GDP of Indian Economy is depended on Real Estate Sector, they added.

It has been reported that the banks are filled with enough funds to decrease the interest rate which may decrease the home loan rates accordingly. Rumors say, the interest rate on home loans may fall down at 7%-8% which may also cause lower EMIs. These diminished figures are expected to encourage more people in grabbing this opportunity and to take a step ahead to their own home. Besides this, demonetization makes a huge number of people from unorganized sectors to enter in the banking system. This may create a completely new housing demand scale if they feel to grab the home loan opportunity once they become aware of this. It will be advantageous for the real estate sector as there will be high demand for residential properties. Real Estate Developers from the cities like Delhi, Gurgaon, Noida, Mumbai and Bangalore have already started to offer exciting deals to their buyers.

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Apart from homing, owning a residential or commercial property is the best investment option. It turns into a lifetime asset and the value of a property appreciates day by day. At this time of demonetization, investing on properties is the best way to save the unaccounted cash. To earn the best ROI, an owner can also rent or lease out their property upon agreement. Demonetization leaves a positive impact on real estate investors, as per source, the volume of investments is visibly increasing and expected to increase massively in the coming months.

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Want to know more about how demonetization make positive impact on real estate, go through this article: DEMONETIZATION – Positive Impact on REAL ESTATE