Global property buyers,
realty players and equity firms from Singapore, Malaysia and other countries of
Asia and West Asia are pushing for check out Indian realty market, following
the government move to give the relax foreign investment trends and norms in
the realty sector. Many leading builders have been commenced the great and
depth discussions with foreign & global firms for a possible venture,
according to national & global consultants and experts. But, the property
deals are to be expected to be struck only after six twelve months, FDI will
not begin immediately, realty sources said in the statement.
A CEO of
leading developer of Millennium city, Gurgaon said that the company is wisely
and smartly talking and discussing to many foreign investors for launching next
and many other few projects in and around the city. The CEO said that we are
now getting fresh proposals and new launches and we are accurately evaluating.
Our foremost and main concern is that foreign investors are looking to heavy
returns over a short period of time, which is now more difficult just by
observing the current situation of the real estate market. Recently, Indian government is hardly taking
new steps for rapid development and improvement in Indian real estate sector
and it is opening new doors for NRIs, global buyers and investors as well as foreign
investors. Therefore, Indian government is taking the new steps for giving the
golden opportunities for rich and prosperous future.
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