Expect home prices to decline this year because demand for residential property has weakened significantly following demonetisation
GN Bureau | January 25, 2017
Fitch Ratings expects property sales in India to fall by at least 20%-30 percent in 2017, owing to disruption caused by demonetisation and general caution on the part of buyers. Homebuilders already have high levels of unsold inventory and are likely to cut selling prices as demand weakens.
From obtaining an electricity connection to a driver`s licence, ration card, or old-age allowance, delivery of government schemes and services is an aspect of governance that impacts citizens at various points throughout their lives. The Haryana state government provides over 600 such schemes and services.
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