Anubhav Jain, Director, Silverglades

FDI plays  an  important  role  as  it  signals foreign  investor  confidence  in  the  fundamentals of Real  Estate  market.  It  is  a  key  growth  driver  and  will  be  a significant  channel  of  funding of  real  estate ventures .  Already there is a lot  of Private  Equity  action  in the  markets,  but this time around the fund  managers  are  wiser and  choosy about who to  do  business  with, and  rightfully  so.