1- INCREASE IN NO. OF BUYERS
Demonetization will see huge amount of money flowing in banking system from people in the unorganized / small scale sector: Crores of new people entering banking system means that they will also be eligible to get bank loans to fulfill their dream of owning a house.
2- DECLINE IN HOME LOAN INTEREST RATES
Home loan rates are expected to go down as Banks are flooded with funds and driving down the interest rates on deposits and loans.
3- LOWER EMIs
Property will come within the reach of buyers due to lower EMI on loans due to lower interest rates.
4- ATTRACTIVE INVESTMENT OPPORTUNITY
At such low interest rates, real estate industry should get a substantial boost as property will become attractive to both end users and investors.
5- GREATER ROI
Investors would find investing in property more attractive than earning a trivial 5-6% on bank deposits as simply buying and renting out would give them more return. They can also create an asset and earn appreciation over a period of time. Benefits of income tax deductions is also an important part in it.
6- IMPROVED INFRASTRUCTURE
Government will have enormous funds to boost infrastructure schemes such as Smart City Mission, Swachh Bharat Mission, Housing for All, New Airports, betterment of National/State highways, upgrade in city transport etc. will all lead to increase in demand and prices of properties in India.