FDI in India
The central government paved way for inflow of foreign investment in the construction and real estate sector by easing the foreign direct investment (FDI) policy in the sector. The measures first announced in the union budget after the formation of the new NDA government were finally approved by the union cabinet. Seen as a part [...] Continue Reading »
The financial year 2014-15 is the year noted for several remarkable private equity exits via IPO routes. With Monte Carlo Fashions, a renowned private equity-backed company received regulatory clearances for IPO, 6 similar moves expected to happen very close this year, to make the current fiscal ranking highest among the past 3 years for the [...] Continue Reading »
FDI is changing the face of Indian real estate. And the latest add on to this segment is the investment of StayWell Hospitality Group of Australia who will be investing around USD 20 million in India. This step taking by the group is with a keen eye to spread their wings in India 18 hotels [...] Continue Reading »
The present budget is very much real estate friendly and the realty experts today welcomed the Budget proposals to allow FDI in housing sector and tax incentives for REITs. The industry now is beaming with new hopes and feels that these measures will help boost affordable housing as well as improve investment flows. The Budget [...] Continue Reading »
Modi believes in time bound work and had charted out a ten point revival agenda on Thursday. He also urged all his ministries to design a 100 day priority time table. Parliamentary Affairs minister Venkaiah Naidu talked in details about the proceedings of the Cabinet meeting to the reporters. Agenda- Finance Ministry The finance minister [...] Continue Reading »
The foreign trade partners, including the US and the EU are not happy with the decision of the BJP-led Government at the Centre of not allowing foreign direct investment (FDI) in the multi-brand retail sector. Minister of State for Commerce & Industry (Independent Charge) Nirmala Sitharaman informed that press on Tuesday, that the small and [...] Continue Reading »
According to the Ministry Industry, over 50 percent of foreign direct investment (FDI) was coined by Maharashtra and Nation Capital Region inside the country since 2000. Around $61.13 billion, about 33 percent of total inflow was bagged by Maharashtra during April 2000 – October 2012 and Delhi-NCR, Haryana has received $35.4 billion of FDI during [...] Continue Reading »
Odisha’s realty developers has welcomed the decision by the Union government to allow 51 per cent foreign direct investment (FDI) in retail. Developers feel that this move will boost the real estate sector. It is said that this move will not only help the real estate sector, it will also contribute to the state’s economy [...] Continue Reading »
