Tag: FDI

Govt may relax FDI norms in realty

Real estate monitorThe government department responsible for the promotion of industry is proposing easier rules to allow overseas investors to be part of smaller real estate projects and lower capitalisation norms for those which involve facilities in hospitality or tourism sector.
The department of industrial policy & promotion, which handles the FDI policy, in a note [...]

Assocham Predicts $21 Billion FDI In Real Estate Market

Despite the real estate market being confronted with a short-term depression as real interest rates hovered between 12 – 16%, the Associated Chambers of Commerce and Industry (Assocham) has projected a twenty one billion dollar spurt in foreign direct investment (FDI) in the real estate market in the next 10 years.

Services And Real Estate Are Biggest FDI Attractions

India received a massive $20.8 billion of foreign investment in energy, services, construction and real estate sectors during the last four financial years as high economic growth lured multinational companies to set up or expand operations. The services sector witnessed the biggest spurt in foreign direct investment (FDI) flows, from $444 million in 2004-05 to [...]

£350 Million Project In Nagpur

aAIM India, a division of the real estate equity investor, aAIM Group, on 6th june announced its first investment comprising a 7 million sq. feet mixed-use development. This is the first Foreign Direct Investment (FDI) in an Integrated Township under the Special Township Policy whereby most of the planning decisions are delegated to the development [...]

New GOI guidelines for FDI duck Real Estate

The government today issued guiding principle on big-ticket transforms to the foreign direct investment (FDI) norms that were decided by the Union Cabinet on January 30.
It, however, remained quiet on clarifying a change in rules for FDI in real estate, maybe due to fear of larger capital inflows.
The move to delink the FDI provisions from [...]

Highlights of the Economic Survey 2007-08

NEW DELHI: Following are the highlights of pre-Budget Economic Survey 2007-08 presented in Parliament on Thursday
* FY’08 economic growth at 8.7%, against 9.6% a year ago
* Inflation rate to decline from 5.6% in FY’07 to 4.4% in ‘08
* Holding 9% growth a challenge, two digit growth even greater
* Inflation and infrastructure biggest growth challenges
* Skill [...]

Foreign Direct Investment might show sharp growth

Real estate is expecting $400-500 million worth of FDI flow. These expectations are being guided by the going on trends in investment industry. Investors and developers are showing their interests in metros as well as in smaller cities too. Investments are going on in Bangalore, Delhi-NCR, Mumbai and Pune because of the [...]