Gift city latest updates Parliamentary approval is the Real-estate Development and Regulation Bill, pending for quite some time. As and when finally approved, it will foster greater transparency in the sector, facilitate foreign investments and ease problems in raising capital from banks and other financial institutions. Finally, given the Government’s focus on affordable homes for all by 2022, the creation of 100 Smart Cities and infrastructure development across India, the real-estate industry has much to look forward to in 2015.
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