Ban on 500,1000 currency notes – Inputs from Mr. Pankaj Bansal, Director, M3M Group

PM Modi’s major structural coup is bound to ensure boost in economy in the long run and will lead to an improved transparency in all the sectors including real estate. The surgical strike on black money would crash inflation which would benefit the genuine buyers. The move will bring in more transparency in the financial system of the country which will allow India’s GDP to flow through the digital pipes thereby improving the digital economy. This decision is positive for the end users looking to buy their dream homes. Also with the implementation of Real Estate Regulatory Act (RERA) the sector is soon going to cleanse as well as boost India’s image globally. PM Modi has rightly stepped forward for the welfare of the people as well as for the nation’s growth.