Bengal’s realty boom

IIPM Management School

"It makes sense for us to indulge in the realty business now, as this sector has played a vital role in almost all prosperous economies today. Other than Bengal, we are targeting places like Budhwan and Bhubaneshwar, to set up housing projects. The entry of FDI will play a pivotal role in shaping up this sector in the future and we are ready to join hands with foreign players if the need ever arises," says Todi. On the flip side, Todi remarks that foreign players could pose a serious threat to the existing players. “It will be challenging! But at the same time a very fair competition based on quality and international standards, will win the confidence of the consumers,”he points out….

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Source :- IIPM Editorial, 2006