Views of Dhiraj Jain, Director, Mahagun Group and Aman Agarwal, Director, KV Developers on FDI Relaxation

Comments of Dhiraj Jain, Director, Mahagun Group and Aman Agarwal, Director, KV Developers on FDI Relaxation:

Mr. Dhiraj Jain, Director, Mahagun Group says:

“This decision would definitely provide a relief to the sector and will hopefully result in smooth construction of projects with fresh FDI inflow. Availability of funds will also help developers to carry-on the projects in time and would help them to get an extra route of funding their projects which will boost largely real estate industry.”

Mr. Aman Agarwal, Director, KV Developers Says:

“ This is really a welcome step taken by Modi’s government. This move to relax FDI limit will help increase the development of low-cost and affordable housing furthering the government’s vision. This move will be a boon for developers as well as real estate industry. This would also help developers get an extra route of funding their projects and it would award a momentum to Indian real estate industry.”