Upsurge of NRI Investment in Indian Real Estate
A slew of reforms introduced in the Indian real estate sector over the past two-three years are helping the market move towards improved transparency and are therefore attracting more foreign institutional investors. Key policy transformations such as RERA, REIT, PMAY affordable housing, and the GST have positively impacted the realty sector. With laws now allowing 100 percent FDI (foreign direct investment) in construction development and REITs now in place for commercial real estate, the Indian real estate industry is witnessing Continue Reading
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