Odisha realtors embrace FDI in multibrand retail
No Comments Sub Category:Other cities,Realty News Posted On: Oct 26, 2012
Odisha’s realty developers has welcomed the decision by the Union government to allow 51 per cent foreign direct investment (FDI) in retail.
Developers feel that this move will boost the real estate sector.
It is said that this move will not only help the real estate sector, it will also contribute to the state’s economy as well.
The FDI in retail anticipates to create nearly 20 million jobs in three years and will bring $700 million investment in the country.
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