Relaxation of FDI norms
With the government giving its go ahead to the relaxation in foreign direct investment norms in real estate companies, a large number of global realty firms including property and equity companies are seeking to invest in the Indian market. A number of real estate developers have confirmed that they have begun active discussion with various [...] Continue Reading »
Fitch Ratings is one of the premier ratings agencies in India and it has predicted immense competition amongst Indian developers owning to possible relaxation of FDI regulations. Filch Ratings presages competition as inevitable if rules on foreign direct investments into India’s property development sector are relaxed. It would however be beneficial for the improvement of [...] Continue Reading »
With the central union cabinet giving a green signal to the new FDI norms in real estate and construction segment, real estate companies facing heavy debt and sluggish liquidity are hopeful of a turnaround. Real estate experts believe that the relaxation of FDI norms is a win-win situation for both builders as well as buyers [...] Continue Reading »
As the central union cabinet approved the relaxation of FDI norms in real estate and constructions, stocks of nearly all real estate companies surged amid the Bull Run in the stock markets. The new rules have reduced the minimum built up area requirement to 20,000 square meters from 50,000 square meters while the minimum capital [...] Continue Reading »
The government is taking a move that could open up funds flow into the financially stressed sector by proposing relaxation of norms for foreign investment in construction. 100 per cent foreign direct investment is allowed through the automatic route in development of townships, housing and built-up infrastructure, subject to stringent conditions, under current rules. A company owned and controlled by an [...] Continue Reading »
