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Indian Real Estate News
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.

The Foreign Investment Promotion Board (FIPB), the nodal agency, said that it has deferred 15 foreign investment proposals including one from DLF Limitless Developers for transfer of shares to residents prior to expiry of 3 years from completion of capitalisation norms.

Tag: : Foreign Direct Investment in India, Real Estate Developers, Real Estate India
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