foreign direct investment
Foreign investors are funding Indian real estate market after the release of Press note 2 in 2005 which opened up construction and development for Foreign direct investment (FDI). Many investors who had invested at that time, largely in residential sector, are now heading towards maturity and are withdrawing their prime investments. According to a report [...] Continue Reading »
The government has suggested tighter rules for foreign direct investment (FDI) in real estate in India which will bar a foreign company from repatriating funds even after the mandatory three-year lock-in period in an Indian company. The new norms will make it mandatory for foreign companies to complete at least 50% of the project within [...] Continue Reading »
With the new amendment made on the ceiling on land holding bill, the future of the township and large housing complex projects has been barred. West Bengal legislative assembly removed the township project from the exemption list of the ceiling on land holding bill. According to the state government, construction of large township is not [...] Continue Reading »
