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Experts' Take

Manish Agarwal, MD, Satya Group & Secretary, CREDAI NCR

Manish

Though there were a  number of  reasons for  under performance  of  real  estate  sector  in  2013-14, drop  in in flow of  FDI  in to  India’s  construction  sector  to  $1 .3  bn between  April  2013  and  February 2014  (compared  with  $3 .1  bn  in April  2012-March  2013)  also  contributed  to  it.  This makes  amply clear that the  sector  needs FDI  to  not only  compensate for  momentum  lost  but to  speed  up  on the path  of growth. We expect government’s policies to positively influence foreign investors.

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