Environment clearance has been a bane for the realty industry: Ms. Manju Yagnik, Vice Chairperson, Nahar Group

Ms. Manju Yagnik - Final

Ashvita Singh

There is a negative sentiment in media regarding the real estate sector post demonetization. At ground level, however, have the realty prices come down? Has Nahar group’s project taken a hit? What is going to be (demonetization’s) long term and short term impact on property segment ?

The post-demonetization effect is a temporary phase and it’s not just real estate but all sectors across categories are on a halt and in a dynamic market like India, where innovation overtakes challenges the after effects are bound to witness newer horizons. In real estate per say,  where as it is the major transactions were cashless will now have  a positive takeaway, the asset class will gain confidence in substantial properties and even buyers will be confident as they will see more realistic pricing across property segments.

Has demonetization affected the government’s ‘Housing for All’ project?





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