Comment from Neha Hiranandani, Director, House of Hiranandani – Ban on Rs. 500, Rs. 1000 notes…..

“This is a bold and progressive move by the government and in our view will be far more effective than RERA and other statutory impositions placed on the sector in weeding out corruption. Layers upon layers of statute breed inefficiency and give way to corrupt practices. This is the move we have been waiting for.
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There will be a lot of short term pain and confusion, but we feel confident that these kind of policy directives will move India into a new era.”