Till now only if a minimum area as 25 acres is covered, FDI is allowed in realty project and thereby the metro places can also attract FDI. But as per the Press rules 2 of 2005, the realty players say it is impossible to procure 25 acres of land for attracting FDI. The realty industry is interested on business in metros because of high profile customers, but says FDI is to be permitted as the rates of land in these cities is high.
The low capitalization rules in Press note 2 must be cut-off in projects like tourism and hospitality says the DIPP and Press Note 5 specifying that minimum capitalization for attracting FDI should be around $5 million in realty projects including an Indian partner and If the project is acquired by a overseas firm then the capitalization of $ 10 million should be specified.
The cut-off should be made available to the projects like tourism and hospitality segments. An undisclosed section of realtors said that easy moves were necessary and when put forth will be a great respite to projects in metros designed for tourism segment. For more and latest realty updates follow www.propertykhazana.com.
Apartments, Flats and Property for Sale in New Delhi
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Victorian Corporation is offering 2 bhk flat in Dwarka L Zone Delhi in its new residential project Victorian Privilege. The project is located in..
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Apr 11, 2014
Well located apartment available for sale with all the modern amenities like power-backup, intercom, 24 hours security with CCTV surveillance,..
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3 Bhk apartment for sale in rohini ........Please contact for more..
Mar 12, 2014
Available 1st and ground floor for sale at reasonable price,2+1 with 1 attached toilet,white marble flooring,modular kitchen,very near to main..
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3 bhk apartment for sale in rohini delhi north.....please contact for more..
Feb 22, 2014
3 bhk apartment for sale is available in delhi north ..........please contact for more..
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When you want to create a fresh perspective for your life, this is the best real estate option for you and your family. A self sufficient township..
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Oct 10, 2016
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Jan 14, 2016
For Rent at New Friends Colony, Nicely Built Third Floor 3 Bedrooms Attached Bathrooms, Drawing, Dining, Modular Kitchen, Car Parking, Woodwork,..
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FOR RENT DEFENCE COLONY NEWLY BUILT SECOND FLOOR 4 BEDROOMS ATTACHED BATHROOMS, DRAWING, DINING, MODULAR KITCHEN, CAR PARKING, LIFT, RENT..
Mar 12, 2014
Available 1st floor on rent in affordable price,2+1 with 1 attached toilet,white marble flooring,modular kitchen,nice location,very near to main..
Feb 25, 2014
Fully furnished 1 room with attached bathroom surrounding by green..
Jan 04, 2014
We offer our 3 BHK furnished apartment in defence colony. Apartment has three bedrooms with attached bathrooms. It has a modular kitchen which is..
Jun 05, 2013
1 ROOM SET, 1 BHK AND 2 BHK FULLY - FUNISHED are available for Rent in New Delhi at VASANT..