Foreign Direct Investment(FDI)
Finance minister Arun Jaitley on Thursday made it clear that the government is trying to bring down the taxes and provide boost to the economic activities. He also mentioned that the interest rates for sectors like housing would come down and this will give a boost to the demand in the real estate sector. Since [...] Continue Reading »
Realty firm Parsvnath Developers are contemplating about raising funds for their two commercial projects in the national capital via the FDI route. Ever since real estate got a green signal to raise funds via FDI (Foreign Direct Investment) which was declared in the current budget, many developers have breathed a sigh of relief. At an investment [...] 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 »
Arvind Panagariya, a famous economist and professor at Columbia University standing as a forerunner for the key advisor post of the new BJP led government, has recently stated the present priorities of different policies. On being asked about what should be the priority areas for the present government if they want to bring the economy [...] Continue Reading »
The recent announcement of the government to allow Foreign Direct Investment(FDI) in the multi-brand retail sector is expected to boost the realty sector. The announcement has triggered anticipated buying and development of office space in parts of South and North Bangalore. ORR (Outer Ring Road), Whitefield, Electronic City and Mysore Road- Kanakpura Road are the [...] Continue Reading »
Bharti Walmart, the joint venture between Bharti Enterprises and Walmart Stores Inc, has termed limited availability of real estate space coupled with high real estate costs as one of the major challenges in front of Indian retail market. The government’s policy restricts foreign direct investment (FDI) into multi-brand retail sector wherein the MNC retailers are [...] Continue Reading »
While the government’s announcement of allowing Foreign Direct Investment(FDI) into retail sector has been drawing mixed responses throughout the country, the housing developers have welcomed the reform. Hailing the UPA government’s decision, the housing developer community called for accelerating the economic reforms process by covering the realty sector. The Confederation of Real Estate Developers’ Associations [...] Continue Reading »
