real estate sector
Land Acquisition – An advantage
With the proposition of the Land Acquisition Bill, there are growing concerns among realtors about rising costs and increasing acquisition time. However, two financial institutions have countered the real estate sector’s concerns. Their assessment back up the government’s view that the industry’s concerns may be overstated. According to financial institutions: ICICI Bank’s Treasury Research […]
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 […]
