Impact on the Real Estate industry

This decision will have a significant impact on the real-estate industry.According to the real estate sector there are so many consumption about black money the most impact for the government that the crackdown felt so many.The whole market suffering for the problem of cash crises.All the major supply places for raw material and components from where the medium and small scale units source input material have stopped transacting.

The wholesale market doesn't operate in cheques or bank transfers. They operate in cash and on immediate payments. So manufacturing is facing the brunt of cash flow.Especially for economic zones and industrial area host 8000 unit which are presently hit cash crunch.

Noida manufacturing units comprise automobile component manufacturers, computer hardware, garments factories, electronics and various engineering products. The city's industrial units employ 4.5 lakh workers. The salaries of thousands of workers attached with the city's industries have also not been disbursed, post the cash ban on November 8.

According to the member of Indian Industries Association, the worst affected among the 8000 industrial units of Noida have been the local ones.Most of the manufacturing sector especially suffering for cash crises because for instrument card payment or bank transfer facility not done so if we talk about current situation the supply for raw material is totally stopped.

In the real estate sector the primary market still remain in the market dealing between developer and buyer. The cash rich investor driven secondary market involving re-sales that sets the rules.