Question : Impact of Demonetization on Realty Sector

Will the Minister of HOUSING AND URBAN AFFAIRS be pleased to state:

(a) whether it is a fact that demonetization has helped in bringing down the realty price by 5-10%;

(b) if so, the details thereof;

(c) whether new launches of projects since January 2018 has decreased across the country; and

(d) if so, the details thereof?

Answer given by the minister

THE MINISTER OF STATE (INDEPENDENT CHARGE) OF THE MINISTRY OF HOUSING AND URBAN AFFAIRS

(SHRI HARDEEP SINGH PURI)


(a) to (d): No such study has been carried out by the Ministry of Housing and Urban Affairs.


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