DLF major beneficiary of retail reform: Motilal Oswal
Brokerage firm Motilal Oswal says that DLF, India’s largest real estate firm, is one of the major beneficiaries of recent policy reform allowing 51 per cent foreign direct investment (FDI) in multi-brand retail.
The recent announcement of 51 per cent FDI in multi-brand retail and relaxation of FDI norms in single brand retail is set to have a positive impact on demand for DLF’s retail real estate space. DLF is building India’s largest mall in Gurgaon.
The lowering of interest rates is an additional positive for the company. DLF has recently started to outsource its construction to reputed third party companies like L&T to boost its brand value by improving project certainty and turnaround time.
The real estate firm has also decided to focus on the premium segment in markets closer to its base in Gurgaon.
DLF, DLF Group, FDI norms, foreign direct investment in multi-brand retail, Gurgaon, India's largest real estate firm, L&T, largest mall in India, Motilal Oswal, multi-brand retail, outsourcing construction, premium segment, retail reforms in India
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