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Real-estate, construction shares up after govt relaxes FDI rules

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Reuters

Reuters Market Eye - Unitech up 2.2 percent, DLF gains 3.3 percent while Sobha Developers advances 5.9 percent.

Hindustan Construction Company gains 1.2 percent.

India relaxes rules for foreign investment in construction.

Move seen providing funding to companies to cut debt, fast track projects.

(Reporting by Abhishek Vishnoi)

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First Published: Oct 30 2014 | 9:57 AM IST

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