fdi
Budget 2014: How will REITs benefit the realty sector
The new government has proposed tax incentives for REITs(Real Estate Investment Trusts) in the FY 2014-15 budget. This was an expected step from the government to encourage investment in the real estate sector. Though good in intent, the Centre however needs provide clarity on tax structure and incentives. Why REITs? REITs will act as the […]
Budget 2014: New FDI norms to attract foreign investors
Foreign Direct Investment in real estate is a good source of funding. In the Union Budget 2014, certain modifications are proposed in the current FDI norms so as to encourage it in Indian real estate market. There are certain conditions and norms in FDI with respect to area, built-up area, capital and time frame. These […]
