Rs , sq ft

Removed from Shortlist

My Shortlist ()
Keep track of your shortlisted properties here. Shortlist a property to get started.

FDI bill to boost real estate sector

1 Comment Sub Category:Cities,Commercial Real estate,Hyderabad,Realty News Posted On: Dec 08, 2012

FDI billInternational property consultant, Cushman & Wakefield said that owing to the acceptance of Foreign Direct Investment (FDI) bill in multi-brand retail, India will witness increase in shopping and commercial centers.

Executive Managing Director, South Asia, C&W, Sanjay Dutt said that said this move will benefit the real estate, retail sector and end consumers for a long term. Developers who are developing shopping complexes are going to be benefitted as international players are going to make their entry in the next 12-24 months.

The retail industry to take big jump towards the next phase of growth and development as the FDI bill got a nod, said Dutt.

This bill will cheer international retailers to look at India as a destination to set up their operations. They will allow global retail giants such as US-based Walmart, French Carrefour, and Britain’s Tesco to put up their stores in India with local partners and sell the products directly to the consumers.

Read more news:

Real estate in Hyderabad is growing sharply

Hyderabad a Real Estate Destination

Miyapur in Hyderabad witnessing real estate boom

 

 

 

 

One Response to “FDI bill to boost real estate sector”

  1. [...] or facing tough time in building shops is expected to look up after the parliament cleared the foreign direct investment (FDI) in multi-brand [...]

Leave a Reply



CommonFloor Property Search Mobile App now available on Android, iOS and Windows!