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HindustanTimes Sat,01 Nov 2014

Foreign fund boost for realty

PTI  Davos, January 27, 2013
First Published: 23:57 IST(27/1/2013) | Last Updated: 23:58 IST(27/1/2013)

India’s realty sector is set for robust inflows of $4-5 billion from overseas investors in the next couple of years, with Bangalore, Delhi and Mumbai emerging as favourites, global real estate consultancy giant Jones Lang LaSalle has said.

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“Foreign investors are now looking with a renewed interest at India, given its still robust economic growth rate as that bodes well for good returns to their investments,” said Alastair Hughes, chief executive officer, Asia-Pacific, JLL.


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