Foreign Direct Investment in India
Foreign investors continue to elude Indian retail real estate sector despite it being one of the fastest growing markets in the past few years. Industry analysts blame the government’s policy regarding foreign direct investment into real estate, and particularly retail real estate, for discouraging overseas investors investing in India. Anuj Puri, chairman and country head [...] Continue Reading »
DLF is set to build India’s largest mega mall, which would be a 4-million square feet promenade in Gurgaon. DLF is to invest Rs 2,000 crore on the project. The mall would be bigger than the 1.5-million sq ft Great India Place mall in Noida and would be comparable with the world’s largest 7-million sq [...] Continue Reading »
Foreign direct investment (FDI) in India down by 11 per cent year-on-year to $1.07 billion in the backdrop of financial turmoil in Europe. FDI in India declined for the third consecutive month in March to $1 billion. During the fiscal 2010-11, the inflows declined by 25 per cent to $19.43 billion, which makes it imperative [...] Continue Reading »
