The Firm

Show Timings:

Friday: 10.30 pm, Saturday: 11.30 am

Sunday: 9:30am & 11.00pm


A New High For The Real Estate Industry

Published on Tue, Dec 09,2014 | 13:07, Updated at Tue, Dec 09 at 13:07Source : 

In order to encourage growth of the struggling real estate industry, the Union Cabinet of the new Indian Government has issued a much awaited press release dated 29 October 2014 (Press Release) proposing to amend the foreign direct investment policy, 2014 (FDI Policy) with respect to the ‘Construction Development’ sector.

In line with the press release , the Department of Industrial Policy and Promotion (DIPP) has issued press note no 10 (2014 series) dated 3 December 2014 amending  the ‘Consolidated FDI Policy Circular 2014’ (Press Note).

The following two ERGO Newsflash by Khaitan & Co analyses the existing FDI policy against the proposed amendments of the Press Release & the deviation of the Press Note from the Press Release and the corresponding impact on the FDI Policy.

Attachments : ANewHighForTheRealEstateIndustryKCOERGONewsflash.pdf
Attachments : Anewhighsaveas.pdf

Copyright © Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of is prohibited.