Top five such reason that will lead to this happiness and will make you think that this is the right time to invest in the property.

With demonetisation, the flow of money from the organized sectors and small scale industries to banks has increased which has led to huge deposits. This has opened a new way through which people will be able to get home loans at very low rates.

This liquidity will bring stabilization in price and the market will turn positive for buyer. Also, the bank along with the liquidity of money will convert the repo rate into lower borrowings for home loans.

Those projects that were delayed due to cash crunch will pick up the speed. Moreover, this flow of cash will allow the real estate sector to avail loans from the banks at better rates in comparison to what was offered in the past.

This step will increase the collection of steps and thus the government will get more exposure so as to invest in this sector, leading to the infrastructural development of the country. After granting connectivity to those who have invested in the projects related to affordable housing will gain from the development

With demonetization, a huge shift has been seen towards a cashless economy. All the transaction, now being done though card, will not only bring ease but also transparency. With all the above discussed steps, it can be ruled out that the buyers must make the most of this opportunity. Since, one can get easy financial aid, therefore this is the perfect time to invest in the real estate sector.

What stays mostly unaffected?

The primary market - or, more specifically, the market formed by projects undertaken by reputed and credible developers in the top 8 Indian cities - will remain more or less unaffected. This is because buyers into such projects take the home loans/finance route to buy their homes, and transactions are done through legal channels. Therefore, there will not be any major impact on sales in this segment.

However, there might be an impact on quite a few projects in tier 2 or 3 cities where cash has played a role even in primary residential sales. However, the turmoil in this segment will settle down in a short period of time. Overall impact on the sector

In the past one year, there have been a few positive and potentially long-lasting changes in the Indian real estate. The passing of RERA (Real Estate Regulation and Development Act 2016), the Benami Transactions Act and now the demonetization move will ensure that going forward, the sector will lose much of its historic taint and become more transparent.

Only players who conduct their business with integrity will survive. This bodes well for end-users, who will be aware of their rights, have the assurance of not being cheated and will no longer need to contend with constantly rising prices. They will be able to buy properties of their choice at affordable prices, in projects which will assuredly be delivered on time. The demonetization exercise was a very necessary step which was bound to bring with it a tremendous shake-up wherever black money has played a major role. Over the long term, the Indian real estate sector will emerge stronger, healthier and capable of long periods of sustained growth. As of now, there is no reason for developers and investors who have conducted their dealings transparently and legally to panic. It will essentially be business as usual for them.