That's a Master Stroke to Real Estate sector!

Update: 2016-11-09 11:41 GMT
The decision of Government of India to abolish existing Rs 500 and Rs 1000 denomination notes from midnight itself came as a death blow to the big fishes with  crores of Black Money.

Experts say, Industries which are dependent on high-amount of cash transactions will be badly affected by the movie. Especially, Real Estate, Mining, Corporate Sector and Film Industry will be badly hit.

These days, Most of the Telugu Films were produced by Real Estate Businessmen. With the scrapping of currency notes, Many of ongoing Projects will get affected and even the count of films made in Tollywood falls drastically in the coming days.

Lakhs of crores unaccounted money in Real Estate, Mining and Corporate World will turn useless. That's the master stroke of Modi to those who haven't fallen in line even after several offers like Income Declaration Scheme (IDS).
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