FDI in construction: Govt to issue clarifications soon
After recently liberalising foreign direct investment norms for construction development sector, the government is expected to soon come out with some clarifications on the rules of the policy.
Nov 06, 2014, 17:43 PM IST
Real estate industry hails govt move to ease FDI rules
Welcoming the decision, realtors' apex body CREDAI President C Shekar Reddy said it would help developers get an extra route of funding their projects.
Oct 29, 2014, 23:34 PM IST
Govt relaxes FDI norms for construction, real estate sector
The Cabinet decided to reduce the minimum floor area to 20,000 sq mt from the earlier 50,000 sq mt. It also brought down the minimum capital requirement to USD 5 million from USD 10 million.
Oct 29, 2014, 22:01 PM IST
IVRCL puts up Rs 4,000 cr assets for sale to ease debt burden
IVRCL Ltd Chairman and Managing Director E Sudhir Reddy said the assets for sale includeRoad projects both operational and under construction and Desalination plant in Chennai.
Sep 30, 2014, 16:39 PM IST
Omaxe's gross debt reduced by 42% in 5 years
In the last 5 years, the company has seen its debt-equity ratio coming down by close to 60 percent from 1.15 in FY'10 to 0.48 in FY'14.
Jun 24, 2014, 18:48 PM IST
