Ravi Saund, COO, CHD Developers
With stable government at the Centre, developers are expecting a revival and an increased in flow of foreign investments into the realty sector. Presently, 100 per cent FDI is permitted through the automatic route in the sector. We will highly appreciate if the new government to consider other riders to the FDI channel to widen the route enabling sufficient fund for real estate developers who are been grappling to overcome this funding crisis over a long period .
