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Realty hit hard by demonetisation, awaits 'white money' buyers

Realty hit hard by demonetisation, awaits 'white money' buyers

Sun, Jan 15, 2017

Property market, long considered a black money safe haven, seems to have taken a big hit from demonetisation, with developers seeing their sales drop by about 50 % in the last three months and now pinning their hopes on buyers coming to market with 'white money'.

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