While the effects of demonetization still unravel, one of the things that might be positive for individuals is that the property prices might get more reasonable as the government tries to fight black money, make the real estate sector more transparent and focus on affordable housing. Although there is a lot of excess inventory built in a few cities, = builders have not cut property prices. A home is a dream come true for most of us, so when it comes to buying that first property, we usually think with our hearts rather than our wallets. While sometimes, it’s alright, a house is a major purchase and is usually our biggest investment. So, it is really really really important that we do think of the financial implications the house will have on other aspects of our lives.
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