fdi
New proposal to curb foreign direct investment in real estate
New Delhi: The government might reject the proposal of scrapping all restrictions on Foreign Direct Investment (FDI) below fifty per cent within real estate on the basis that there cannot be any exemptions on rules and regulations like minimum area norms which has been put forward by the Ministry of Urban Development. With the objective of […]
Tinkering of policy hurts FDI in realty
A letter from the Agriculture Minister expressing the concern over the decline of FDI within real estate has been posted to the Prime Minister. The letter states that the tinkering of policies as well as agencies that pursue and harass entities, which receive foreign funds, is creating negative sentiments. Since, the real estate industry has […]
