fdi
How new FDI norms can help transform India’s real estate industry
The recent announcement by the government relaxing foreign direct investment norms for Indian construction and real estate sector comes as a shot in the arm for builders and developers. Though FDI in real estate has been allowed since 2005, the rules and regulations related to the size of investment, lock-in period and exit routes had […]
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. […]
