Indian real-estate, construction shares up after govt relaxes FDI rules

Written by Reuters | Mumbai | Updated: Oct 30 2014, 16:06pm hrs
Unitech up 0.8 percent, DLF gains 0.9 percent while Sobha Developers advances 2.7 percent.Hindustan Construction Company gains 2.7 percent while NCC is up 1.1 percent.India relaxes rules for foreign investment in construction.Move seen providing funding to companies to cut debt, fast track projects.