Real Estate Forum on Fdi

Latest Answer: Hi Bashir and Sashidharan, This event will focus on innovation, design and sustainability, and is expected to witness the participation of over a 1000 companies and delegates from over 60 countries. Some of them are Foxconn, Zenith, IKEA, Wanda group of China are planning to invest in India.

Latest Answer: @Jackie!!!!! These would be subject to the condition that such arrangements are at arm's length price in co-ordination with applicable provisions of Income Tax Act 1961 and annual lease rent earned by the lessor company does not exceed 5% of its total income.

Latest Answer: The increased inflows of FDI in India specially in a climate of contracting worldwide investments indicate the faith that overseas investors have imposed in the country's economy and the reforms initiated by the government towards comfort of doing business.

Latest Answer: Good question Ketal, The construction development sector, including townships, housing, built-up infrastructure and construction-development projects garnered total foreign direct investment worth US$ 23131.64 million in the period April 2000–February 2014. Residential sector still has huge potential for growth. With housing requirements growing across cities and funds investing in the asset class primarily in the form of NCDs providing fixed returns, investments in the right project have the potential to yield healthy returns.

Latest Answer: Hi all, I am agree with the above mentioned statement. And in my opinion reduction in home loan interest rates will be important so will be offering industry/infrastructure status for the housing industry. Also necessary is availability of finance at lower interest rates and clarity on taxation for real estate investment trusts and foreign direct investment (FDI) in housing.

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Latest Answer: Hi Mr Raj, India allows FDI in most of the sectors via automatic route. The nod from FIPB in the Finance Ministry is required in certain sectors like pharmaceutical and defence, which are considered as sensitive areas. At the forthcoming meeting, FIPB will also consider proposals of J P Morgan Asset Marketing (Asia), Touchstone Trust, Blue Star Infotech, Aurbindo Pharma, Hospira Pte Ltd, Sai Life Sciences, Mylan Laboratories Ltd, Centurion Laboratories and Montblanc Services BV, and others.

Latest Answer: Yes Anuj, Allowing 100% FDI automatic route in completed project for operation and management of not only townships but also shopping complexes and business centres, will enable developers to sell completed malls and integrated townships to foreign investors. This will significantly increase the volume of the retail real estate business. Am i right or not?

Latest Answer: As per the realty expert surrounding areas would definitely experience a boom in terms of new offerings and price hikes, since developers' interest here has increased. Rates for both the commercial and residential market would increase, since properties in northern and central secondary business districts as well as the Bandra-Kurla Complex (BKC) Central Business District are the most preferred locations for investors.

Latest Answer: This is an exceptionally positive step and effectively meets most of the demands made by the industry. Besides, by licencing transfer of shares between two non-resident companies the government has actually opened the floodgates for FDI in the real estate sector.