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
Realty sector saw significant change during 2005-14: Report
Indian real estate market witnessed a significant change in the last decade mainly backed by opening up of FDI in the sector and shift in preference to high-rises over traditional low-rise structures, according to a report.
Sep 05, 2014, 10:49 AM IST
