Reduction in Real estate investment due to new investment guideline
Real estate in India was a hot choice among the investors. Now after the implementation of new regulation and guideline by the Alternative Investment Funds (AIF) the amount of investment in real estate has reduced.
The new guidelines will affect the funding for realty sector as it grants a minimum corpus of Rs 20 crore and limits a maximum of 1,000 investors.
Moreover, according to AIF, minimum investment per investor should be of Rs 1 crore and sponsors must bring in a minimum of 2.5% or Rs 5 crore.
According to an information by the Ministry of Commerce and Industry it is found that the foreign direct investments in Indian market has been reduced in last couple of years.
According to the report, in financial year 2008-09 total FDI in India was Rs 12758.91 crore, which is reduced to Rs 3326.3 crore in the financial year 2011-12.
To read more real estate news:
Expensive apartment deals in Mumbai real estate
Source: Yourmoneysite
alternative investment funds, Foreign direct investments, investment in Indian realty, Investment in Real estate, Real estate in India
