Jagmohan Garg , a leading Delhi-based realtor, believes that the real estate market of National Capital Region (NCR) has been hit hard by the ‘triple tsunami’ of demonetization, new Real Estate Regulatory Law (RERA) and Goods and Services Tax (GST). These moves have also impacted the number of new launches, sales and prices in the real estate sector over the past few months. A recent study highlighted that the number of new realty project launches fell by 73% between January and June 2017, in comparison to the same period last year. With less than 5,000 new residential units launched during this period, it is said to be the lowest recorded realty launches in the past decade. Also, majority of the units launched cost less than 25 lakh. Similarly, a 26% fall in realty sales was observed this year in the NCR. As a result, it has the highest number of unsold inventory of residential flats in the country. Mera Baba Group owner Jagmohan Garg adds that this is accompanied by a 20