fdi in real estate
Repo Rates Unchanged! Industry eyes 2015 to bring some relief
Fifth time in a row, Reserve Bank of India Governor Raghuram Rajan left the interest rates unchanged. In a recent decision, RBI kept the repo rate unchanged at 8 per cent and the cash reserve ratio at 4 per cent. Since many in the industry were expecting a cut on the interest rates, the decision […]
Government relaxes FDI rules in construction sector
In the Cabinet meeting held on October 29, the government decided to relax rules for allowing FDI in the construction sector. This move is expected to attract more foreign investment in the construction and real estate sector. The minimum built-up area and capital requirement for FDI in construction projects has been reduced to 20,000 sq. […]
