Demonetisation: Housing prices to drop up to 30%, wiping Rs 8 lakh cr in value

New Delhi: Housing prices in 42 major cities across India could drop by up to 30 percent over 6-12 months after the demonetisation of high-value notes, wiping out over Rs 8 lakh crore worth market value of residential properties sold and unsold by developers since 2008. "In the aftermath of demonetisation impact on Indian real [...]