FDI set to benefit retail and real estate sectors: Experts
Experts have stated that the proposed 51 per cent foreign direct investment (FDI) in multi-brand retail is set to bring in good news for both the retail and the real estate sectors.
Jones Lang LaSalle India states that from the retail real estate point of view, it will open up immense opportunities in the medium and long term, as the demand for quality real estate will rise. Also, the cash-strapped retailers can hope for bail-out options.
Experts are also hopeful that investments by local and new international retailers will flow into the retail sector, effecting both the front end and back end. In the front end, retail store spaces will see investments and in the back end, better quality warehouses will come up.
With the policy change, investment is to come in to storage and transportation infrastructure, technology and supply chain operations.
To read more real estate news:
Foreign investors eludes Indian real estate, analysts blame govt policies
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[...] FDI set to benefit retail and real estate sectors: Experts [...]
[...] FDI set to benefit retail and real estate sectors: Experts [...]