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Showing posts with the label demonetization impact resale market zirakpur

Impact of Demonetisation and arising opportunities for new home buyers

Demonetisation impact  on new property market is likely to be less than the resale market. The land owners and resale market is the hardest hit in the demonetization aftermath. Overall the transactions in the real estate market have reached to alarming low levels. However the negative sentiment is a key to new home buyers who are cash ready and want to  purchase a new home for living  purposes. The uncertainty in the market and the general lower demand has to negative sentiment. It is also perceived by many that the cash crunch due to demonetization will lead to sudden drop in sales as the builders are affected by this move. Still builders are offering attractive offers to maintain sales but they also cannot provide huge discounts due to the previous buyers sentiment. However they are willing to negotiate if you have cash ready to purchase or they are also getting freebies in the form of modular kitchen or free car parking. So in other terms it is the best time...