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Foreign Direct Investment In Construction Development Sector In India

Foreign Direct Investment In Construction Development Sector In India

It is safe to say that the construction/ real estate sector of India is one of the most significant sectors of the country’s economy given its huge multiplier effect on the economy. Any change or impact witnessed by the real estate sector has a direct bearing on economic growth. Naturally, the sector has plenty of opportunities and has attracted substantial foreign direct investments over the years. The Reserve Bank of India (RBI) in 2005 notified that the township, housing construction…

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