Quote by Assotech Realty (P) Ltd
Inputs by Mr. Neeraj Gulati, Managing Director – Assotech Realty (P) Ltd
“It is a powerful tool to curb unaccounted money and corruption . It is a great welcome initiative which will help country and countryman in longer terms. End user in real estate will get benefit.”
Quotes from Emaar on Ban on 500 and 1000 rupee notes
Quote by Emaar official spokesperson
“This is a bold step taken by Hon’ble Prime Minister Shri Narendra Modi, and should have a comprehensive impact on the overall economy. This move, along with RERA norms, will bring long-term fundamental changes in the Real Estate sector which is also set to gain from the increased transparency, and organized developers such as Emaar and others will be leading the way to this change. This would also present a good opportunity for home buyers to buy their dream homes, thereby boosting the overall market sentiments. We believe that in long-term, this is a positive development for the industry.”