From 13 March, limits on currency withdrawal from ATMs and accounts will be relaxed and this is likely to increase the pace of remonetisation further. Commercial real estate to see demand in 2017Contrary to the residential segment, commercial real estate saw sustained demand during 2016, primarily from industries like technology, consulting, financial services, telecom and e-commerce, etc. Also, with REIT (real estate investment trust) finally entering its implementation phase, the market would see inflow of investments. But delay in winter crop sowing was expected to push some sales into the current quarter. This expectation is now dashed due to high inventories and low consumption in south India.

Source: Mint March 02, 2017 19:30 UTC