Reforms in FDI policy and relaxation of norms in Real Estate Investment Trusts (REITs) will benefit the realty sector, especially the commercial segment, a property consultant today said. Earlier this week, the government unleashed a second wave of FDI reforms, allowing 100 per cent inflows in civil aviation and food processing sectors while easing norms in defence and pharmaceuticals. “The measures announced by the government regarding FDI as well as REITs will facilitate investments into the country,” CBRE South Asia Chairman and Managing Director Anshuman Magazine said in a statement.
Read more: Economic Times
