Anand Raj, CEO, MMR Group

Indian  real  estate  sector  is  extremely cash-strapped  for  now and  as per the  extant foreign  direct  policy,  a  100  per cent FDI in  the construction  development  is permissible through automatic  route,  the  department  of  industrial  policy  and promotion  must  now look at soothing  the conditions  with  respect to investment in  the sector.