Demonetisation hit sectors that need special attention in Budget '17

Demonetisation hit sectors that need special attention in Budget '17

Demonetisation hit sectors that need special attention in Budget 2017.
Real Estates

Demonetisation brought down the registrations of properties by upto 30 per cent in the national capital region. It was reported that the registrations of plots, shops and flats have gone down to 25 per cent in Gurugram.

Delhi government's revenue data revealed a total of 7,028 properties were registered in the city in October but the number was 4,417 in November.

Budget Expectations: Assocham has suggested the Centre to impress upon states to "drastically" lower stamp duty on residential and commercial property deals to dissuade people from undervaluing purchases.


PHOTO: Reuters
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