The proposed Foreign Direct Investment may boost up the
Commercial Real Estate Sector all over India. Well, this is what is being
expected by the Market Experts and Advisors. The recently passed FDI Bill is
waiting the nod of the State Governments to initiate.
The Government, in the just gone Monsoon Session of the
Parliament, passed a bill that allows 100% Foreign Direct Investment in the
Single Brand Retain Stores or the Commercial Units. The Bill also allows 51%
Investment in the Multi-Brand Retail Stores.
Industry Experts of the Real Estate believe that the
allowance of the FDI will be beneficial for the retail markets but hopes are
also there for other sectors as well.
Experts and Advisors also believe that a demand for the
quality real estate will take rise after the full functioning of the FD
Investors. Apart from the Jobs, it will create business opportunities for many.
And if the employment increases, the demand for the real estate will also rise.
So, allowing the FDI in the retail sector is good news, at least for the real
estate industry.
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