has property rate gone down in manglore after demonetization
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  • Well, initially in the year 2016, it was said that the house/apartment prices were to drop by 30% or more and land prices were to dip by 50% or more and that the GDP growth was to come down increasing unemployment. However that did not turn out as predicted though real estate did take a beating which continues. There was a small decline initially but costs did not decrease that much as the actual cost of construction and other costs and taxes didn't change much.