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Relaxed Rules for FDI in Construction and Real Estate Sector

Dated:- 18-3-2015 - The Government has issued the Press Note No. 10 on 3rd December, 2014, amending the FDI policy regarding Construction Development Sector. Amended policy includes easing of area restriction norms, reduction of minimum capitalizatio .....

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dable housing. Relaxation of FDI norms are expected to result in enhanced inflows into the Construction Development sector consequent to easing of sectoral conditions and clarification of terms used in the Policy. It is likely to attract investments .....

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