"After the largest developer in China signed an MoU with India’s Haryana state earlier this year, more developers from China and other countries are expected to follow suit

Given Prime Minister Narendra Modi’s focus on improving India’s stature amongst the global investment community, there has been a big shift in India’s image as a business and economic hub. And, with 100 percent foreign direct investment (FDI) now allowed into the real estate industry, it was only a matter of time before foreign developers made big announcements."

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