Realty sector crashing by 30% is something going on in news paper and social media for last couple of months . At least the realtors, I have met don’t agree to this on a contrary the prices would go up due to demonetizing effect. Lot of big builders are catching the boat of “Affordable.housing” which is fast catching up but the projects are in the outskirts where infrastructure needs to be developed.
The Sales have dried up, even property sites, google adwords, Real Estate agents, Investors would vouch for ,the buyers have deferred and waiting it would be long. All those who have purchased property thinking they would make a kill at the peak are left in limbo.