There has been little clarity on the subject. The rates of commercial realty are coming down as a direct consequence. However, while the direct buying/selling market has witnessed sharp corrections, the rental office space business has witnessed no change.
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Tag: Demonetisation
By 2050, 60percent of India´s population will reside in towns
Western economies like Europe and the USA are already quite advanced when it comes to infrastructure development compared to the developing countries. In comparison, economies like China, India and rest of Asia are still showing high growth which would require a lot of infrastructure support to back up this growth.
GST, demonetisation may hit aviation sector
The GST which is expected to be rolled out in 2017 and the on-going demonetisation drive could impact the growth prospects of the domestic aviation industry in the next fiscal, the Centre for Asia Pacific Aviation (CAPA) has warned.
Demonetisation may hit auto sector
The auto sector is likely to witness a decline in the December wholesale figure with the rural retail market suffering a double-digit fall as compared to its urban counterpart due to liquidity crunch post demonetisation, says a Nomura report.
From Black Cash to CashleSs
The whole thing started out on the basic premise of corruption and black money. Now, the crusade against black money has morphed into a rather arcane campaign for promoting a cashless economy. Why this midcourse change of the primary objective of such a nationwide project like demonetisation?
The Buck Cannot Stop Here
Reams and reams have been written on the demonetisation drive being conducted by the government, but industry watchers seem to be confused on the intention of the Centre for launching such a massive exercise, and the possible consequences on the Indian economy because of this apocalyptic scheme.
Recovery from demonetisation is a foregone conclusion
There is definitely going be a short-term impact of demonetisation on the industry. The November 2016 sales of two-wheelers, four-wheelers and the automotive industry in general has taken a beating.