How will Demonetization of 500 and 1000 Rupee Currency Affect the Real Estate Industry?

Real Estate India majorly runs on cash transactions from people who pile up their undeclared money and invest it in property in India. It is a popular mode of parking idle and unaccounted money and a huge number of real estate transactions in India are either not reported or under-reported in order to avoid property transaction taxes. https://goo.gl/M112hb