Cash payments in real estate post demonetization in India 2023
According to a 2023 survey conducted in India, over one in four respondents opted for cash payments falling in the range of 10 to 30 percent of the property value, when purchasing real estate after the demonetization period. Additionally, approximately 18 percent of the respondents made cash payments in the 30 to 50 percent range of the total real estate value.