India to witness more Foreign Direct Invesment inflows into the realty sector
| The Dollar Business “The recent move by the Indian Government like reduction in the number of documents for imports and exports and continued focus on ‘ease of doing business’ will augur well for the inflow of FDI (Foreign Direct Investment) into the Indian real estate,” said C Shekar Reddy, National President, The Confederation of Real Estate Developers Associations of India. Speaking to The Dollar Business, Reddy said the PPP (Public Private Partnership) model followed by the Government and its intention to generate Rs 70,000 crore through infrastructure bonds will attract FDI too and the industry might see the investments surge up to $7.5 billion for the year 2015, against $5 billion in 2014. For 2014, the percentage ratio ...
