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Real Estate Forum on Effect Of Demonetization In Real Estate

Real Estate Property Discussion Forum and Guide to Real Estate Queries

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Q: With demonetization, the property prices are expected to fall up to 30% and the builders are facing the heat. Therefore, this Act will become a crucial tool to protect buyers.

https://lexcomply.com/blog/the-real-estate-act/
Latest Answer: i don,t think so that residential property prices slow down due to demonetization .the new real estate bill bring clarity for both property buyers and sellers and government also finding flexible method for solve the problems of real estate developers
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Q: I am a prospective first time investor. I was encouraged by the consistent growth of real estate prospects in Neemrana region. However, I wanted to understand if there would be any negative impact of the Government's recent demonetization drive on the investment opportunities in Neemrana?

My budget is around 25-35 lakhs. Can you suggest few safe options which can yield decent rental returns as well as price appreciation in near future.

Thank you for your assistance.
Latest Answer: I am also considering investing in Neemrana, where long term prospects seems to be excellent. I have shortlisted Starlit Hotesl in Neermrana where investors can invest in studios and 1 bedroom units. They are projecting Rs 2,500 per day as rent. This is a 4 star hotel. If anyone has done research on this investment (Starlit hotels), please share here.
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