The government of India announced an impressive union budget in February 2015 and funds allocated towards new infrastructure projects are worth $75 billion, a huge year on year increase. The development of ‘100 smart cities’ across the country worth $1.5 billion and other lucrative plans have been announced as part of the Urban Development Programme scheme. With this positive news, it is evident that construction market in India is ready to reach newer heights offering a sea of opportunities to foreign and Indian investors.
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