Published: Oct 01, 2014
Source: Emirates 24|7

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Prices 'unimaginable' if Modi puts India on 'faster' growth track: Emaar Chairman

Emaar is only Dubai-based company to set up real estate development joint venture in India

The Chairman of Emaar Properties, Dubai’s largest developer, believes raw material prices may reach an “unimaginable” level if India’s Prime Minister Narendra Modi can put India on a faster growth track next to China.

“If Indian PM Narendra Modi can cut the bureaucratic red tape and put India on a faster growth track like China, which is already growing at a fast speed, raw material prices (steel, cement etc) will be ‘unimaginable’,” Mohamed Alabbar said in Dubai on Monday- By Parag Deulgaonakr. Read more>>>

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