Tag: Foreign Investment.

Affordable Housing To Have Relaxed ECB Norms

Finance ministry officials and the officials of Reserve Bank of India plan to hold a meeting in this week. This is to discuss about relaxing the ECB norms for boosting the affordable housing. The finance ministry and the Central Bank plan to initiate some relaxations in the ECB norms. By this, they aim to boost affordable […]

Walmart Reluctant To Enter; Blames States’ Veto Power

American retailer Walmart and the government of USA have conveyed their anxiety over the veto power of the states on foreign direct investment. By providing veto power to the states, the Union government of India had said that the act will support the states to have absolute control over the foreign investors. The entry of […]

IT Sector, A New Ground Of Indian Real Estate

The Indian real estate sector is breaking new ground, by adopting information technology (IT). In recent years, many real estate companies have been taking to end-to-end IT solutions in a bid to automate their business processes. This has not only helped to increase efficiency and cut cost but also to make their functioning more transparent, […]

Government Relaxing Entry Restrictions For foreign Players In Hotel Construction

In a move that could help curb hotel room crisis ahead of Commonwealth Games 2010, the government is considering relaxing entry restriction for foreign players in construction of hotels and resorts. It is looking at a suggestion to bring down minimum development rule of real estate from existing 50,000 sq feet to 20,000 sq feet […]

HDFC Will Organize India Homes Fair

Buoyed by an exciting real estate market, investors in Britain increasingly prefer India for investment looking for higher profits on the back of a slowdown in Britain’s realty market. Navyroof.Com, a company that emphasizes investment prospects in the most upcoming areas of India to the UK investors, Managing Director A. Fassnidge said: “All the economic […]

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 […]