Department of Industrial Policy and Promotion (DIPP)

Central Government has finally eased the FDI norms for construction sector. While the unchanged repo rates made the realtors community little unhappy yesterday, they got a reason to celebrate with this decision. As the sector is reeling through an acute funding pressure, real estate fraternity is optimistic that FDI will give much-needed fillip to the […]

Foreign Direct Investment (FDI) norms in the construction industry in India are likely to be relaxed by the government of India. The current real estate market is highly facing liquidity crunch for which the government is looking to boost up the flow of investments in the sector. Proposed changes in Draft note Official sources from […]