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Poosarla Sai Karthik
Tech guy with a busi... • 1d
Indian metros have seen a real estate boom in the last decade. Prices in metro cities are up 25-60% post 2021. Non-metros, meanwhile, only started catching up in recent years (helped by expressways, airports, manufacturing hubs). Black money is left unsaid public. Even with the growth in developers, brokers, and buyers has factored this normalized. Demonetization, RERA, stricter tax compliance, and digitisation reduced this sharply in primary sales, but the cash component still lingers in secondary deals and land purchases. What if all became white?- Tax buoyancy shoots up. States get higher stamp duty, reg, and cap. gain collections. Cheaper capital for developers. Cleaner balance sheets = lower borrowing costs & easier access to institutional money. Credit deepens. Buyers with clean income trials get wider access to mortgages, pushing up demand on the books. Municipal finance improves. Realistic property valuations -> help cities plan better infrastructure.
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