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Developers look for lower costs, increased housing supply
February 25, 2013February 25, 2013by In Infrastructure Finance

Developers look for lower costs, increased housing supply

Real estate developers are hoping for a raft of Budget proposals that will enable lower cost of construction, speedier approvals and help increase supply of housing. PS Jayakumar, Managing Director, Value and Budget Housing, believes that FDI requirement should be lowered to 20,000 sq m for residential projects against the current minimum limit of 50,000 sq. m to be eligible for FDI.