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STRAIGHT DRIVE
Source: The Times of India Jul 02, 2016
India has over 1,00,000km of national highways (NHs), but there is no scientific road network pattern and driv ers can't take a straight road to reach from one place to another. The NHAI has prepared a grid of 27 horizontal and vertical national highway corridors, at a distance of every 250km, crisscrossing the country, which would make the life of motorists easy. ... more
India emerges as top FDI destination in 2015
Source: The Times of India Apr 26, 2016
India emerging as the top FDI (Foreign Direct Investment) destination as compared to China is certainly good news. It augurs well for the real estate industry that has attracted a significant proportion of the total FDI and helped India achieve the no. 1 rank. ... more
India emerges as top FDI destination in 2015
Source: The Times of India Apr 26, 2016
India emerging as the top FDI (Foreign Direct Investment) destination as compared to China is certainly good news. It augurs well for the real estate industry that has attracted a significant proportion of the total FDI and helped India achieve the no. 1 rank. ... more
Build infrastructure, FDI will follow: Ex-CAG Vinod Rai
Source: The Economic Times Dec 03, 2015
Former-Comptroller and Auditor General of India ( CAG) Vinod Rai has underlined the need for developing quality infrastructure like China to attract foreign direct investment (FDI). ... more
Hidco identifies 16 unused plots
Source: The Times of India Jan 15, 2014
The Housing Infrastructure Development Corporation (Hidco) has identified 16 non-residential plot allottees in Rajarhat New Town who have yet to utilize their plots that were allotted in 2009 or earlier. The Kolkata government had earlier decided that no plot could be kept idle for more than six months after being allotted. Hidco authorities are now working out the process to impose a late fee of 10% of the total cost as penalty for each year of delay to these 16 identified plot allottees. This would be in addition to any other legal steps that the authorities may chalk out. ... more
Industry Dept moots easing of lock-in period for FDI in housing
Source: The Hindu Business Line Oct 27, 2013
The Department of Industrial Policy & Promotion (DIPP) has finalised the Cabinet note on relaxing norms for Foreign Direct Investment (FDI) in the construction development sector and hopes to place it before the Cabinet next week. The proposed relaxations include reducing the three-year lock-in period for investments in housing & townships, bringing down minimum capitalisation norms and lowering minimum built-up area specifications. ... more
Govt may ease FDI norms in real estate to boost sector
Source: The Financial Express Oct 22, 2013
Foreign investors looking to invest in the real estate sector in India may be allowed to bring in only $5 million as minimum capital, down from the current $10 million, if the Cabinet approves the proposal of relaxing the conditions for FDI in the sector. ... more
DIPP circulates Cabinet note on relaxing FDI norms for housing
Source: The Economic Times Sep 16, 2013
The Commerce and Industry Ministry has circulated a draft Cabinet note on relaxing FDI norms for the housing sector, which proposed easing the three-year lock-in period among other things. "The draft note has proposed easing the three-year lock-in period for FDI in housing and townships, besides it has sought reduction in the minimum capitalisation to USD 5 million from the present USD 10 million for wholly-owned subsidiaries," a senior official in the ministry told PTI. ... more
FDI in multi-brand retail to boost mall space demand, say real estate developers, consultants
Source: PTI Sep 14, 2012
The government's decision to operationalise FDI in multi-brand retail would help the realty sector as the move would create demand for retail space and boost mall development in the country, real estate developers and property consultants said. ... more
Tag: FDI News, FDI in India,FDI retail, FDI for real estate
Suspension of FDI in retail just a pause: Sharma to global CEOs
Source: indianrealtynews.com Jan 28, 2012
India today assured global CEOs that its reforms agenda is well on course and the decision to put on hold FDI in multi-brand retail is "just a pause", forced by compulsions of coalition politics. ... more
Tag: FDI News, property in india, indian properties, real estate india
Realtors pleased with Govt retail FDI decision
Source: The Economic Times, New Delhi Nov 25, 2011
The government's decision to allow 51% foreign direct investment in multi-brand retail and increase FDI limit in single-brand retail to 100% comes as a whiff of fresh air for the real estate sector, which has been battling slow sales and rising debt for almost two years now. ... more
Tag: FDI News, industry buzz, FDI, retail news
FDI in real estate is taking place because of high returns gained by investors like Paracor Capital Advisors and Marvel landmarks
Source: economictimes.indiatimes.com Aug 31, 2011
The Mauritius-based Madison India Real Estate Fund's private equity arm, Paracor Capital Advisors has invested Rs. 55 crore for an 8% stake in in Marvel Landmarks, a Pune-based realty ... more
Tag: FDI News, Real estate in india, indian properties, property in india
Govt Likely to Permit FDI in Multi-Brand Retail in Six Metros
Source: rediff.com Jun 21, 2011
The government is likely to permit foreign direct investment (FDI) in multi-brand retailing only in the six big metros. The emerging consensus in the government is that the recommendation of the Department of Commerce & Industry to allow such stores in ... more
Tag: FDI News, Bangalore, Chennai, Delhi, Foreign Direct Investment in India, Gurgaon, Hyderabad, Kolkata, Mumbai, Noida, Non Resident Indian (NRI), Property Prices, Pune, Real Estate Developers, Real Estate India, Real Estate Trends
FDI will pick up in Coming Months: Anand Sharma
Source: indiarealtysearch.com Apr 29, 2011
The recent decline in the flow of foreign direct investment to India is temporary and it would pick up in the coming months given the strong macro economic outlook, Commerce and Industry Minister Anand Sharma said Tuesday. ... more
Tag: FDI News, Foreign Direct Investment in India, Non Resident Indian (NRI), Real Estate Developers, Real Estate India, Real Estate Trends, Retail Market in India
Economic Survey Favours Phased Opening of FDI in Multi-Brand Retail
Source: indianrealtynews.com Feb 25, 2011
The Economic Survey on Friday favoured a phased opening of foreign direct investments in multi-brand retail saying it could help address concerns of consumers and farmers, besides bringing technical know-how. ... more
Tag: FDI News, Banking and Finance, Delhi, Foreign Direct Investment in India, Gurgaon, Mumbai, Property Prices, Real Estate Developers, Real Estate India, Retail Market in India
RBI Proposes changes in Private Bank Provisions- Makes it Difficult for Banks with Insurance Ventures to Attract FDI
Source: Indian Reality News Aug 26, 2010
In an indication of continuing differences over the new foreign direct investment policy, the central bank has proposed changes in the provisions relating to private banks that will make it difficult for them to ... more
Tag: FDI News, Banking and Finance, Foreign Direct Investment in India, Non Resident Indian (NRI), Real Estate Developers, Real Estate India
Govt to Allow Foreigners Set up LLP in Sectors where 100% FDI is Allowed
Source: Indian Reality News Aug 25, 2010
The government may soon allow foreigners to set up limited liability partnerships in sectors where 100% foreign investment is allowed, taking a decisive step after much flip-flop over funding guidelines for this ... more
Tag: FDI News, Delhi, Foreign Direct Investment in India, Non Resident Indian (NRI), Property Prices, Real Estate Companies, Real Estate Developers, Real Estate India
Govt approves 12 FDI Proposals worth 23.06 Billion Rupees
Source: Indian Reality News Aug 10, 2010
The government has approved 12 foreign direct investment proposals worth 23.06 billion rupees ($ 500 million), said a finance ministry statement. ... more
Tag: FDI News, : Foreign Direct Investment in India, Real Estate Developers, Real Estate India
Relaince (ADAG) Set to Finalise Deal with Universal to Build $1.5 Billion Theme Park
Source: Indian Reality News Aug 04, 2010
The Reliance-Anil Dhirubhai Ambani Group (R-ADAG) is close to a deal with Universal Studios of the US to build a $1.5-billion, 400-acre theme park and resort. The company is scouting for locations at Mumbai and Delhi. ... more
Tag: FDI News, Delhi, Faridabad, Foreign Direct Investment in India, Gurgaon, Mumbai, Noida, Pune, Real Estate Developers, Real Estate India
Govt Expected to Relax FDI Norms in Retail Sector
Source: Indian Realty News Jun 10, 2010
The Government is soon expected to come out with a concept paper on the retail sector that would particularly look at relaxing FDI norms in this sector. There are still doubts on whether this is a move to relax ... more
Tag: FDI News, Real Estate India, India Properties, FDI
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