
The second half of 2014 was full of positive surprises for India’s real estate sector. Important events like banks lowering interest rates, RBI offering incentives for infrastructure financing and creation of real estate investment trusts (Reits) were one-of-its-kind initiatives that real estate developers cheered during last year.And, the two most remarkable events was unveiling of ‘Make-in-India’ campaign and relaxation of FDI norms in construction...