Comment by Mr. Bhushan Nemlekar – Director, Sumit Woods Limited on Govt’s proposed plan to allow 100% FDI in completed housing projects

New Delhi, July 20, 2020: “The Government is thinking in the right direction by planning to allow 100% FDI in completed housing projects. Around the world there is a lot of liquidity in the international markets and India should take advantage of this and attract more foreign direct investments. A lot of funds and investors are looking at India for growth story. As once the lockdown gets over and with the help of the Government’s stimulus, the economy will bounce back. The FDI policy will help to create more affordable homes in India which will help our PM’s vision to achieve housing for all.”

Corporate Comm India (CCI Newswire)