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Easier exit window for foreign investors in infrastructure projects
Written by Jayanta Thursday, 05 September 2013
( 0 Votes )
NEW DELHI: The government is planning to a give easier exit window to foreign investors in construction, housing and township projects, hoping to spur greater equity inflow into the debt burdened sector and help faster completion of delayed projects. The measures are continuation of the government’s ongoing drive to make FDI policy more...Read more... Add new comment
Marble shops in residential areas: National Green Tribunal seeks Centre’s response
Written by Jayanta Thursday, 05 September 2013
( 0 Votes )NEW DELHI: The National Green Tribunal has sought the response of the Centre and Delhi government on a plea seeking removal of sand and marble shops set up in residential areas of the city in violation of green norms. A bench headed by NGT Chairperson Justice Swatanter Kumar also issued notice to the three zones of Municipal Corporation of Delhi,...Gurgaon-Dwarka Metro link gets major boost
Written by Jayanta Thursday, 05 September 2013
( 0 Votes )The Delhi Metro Rail Corporation (DMRC) is preparing a detailed project report for the Iffco Chowk-Dwarka border Metro extension project. The DMRC’s intervention is supposed to break the logjam over this ambitious project — it is expected to address the commutation issues of thousands of residents of Gurgaon and its adjoining areas — which ha...Realtors call for urgent implementation of REITs
Written by Jayanta Thursday, 05 September 2013
( 0 Votes )MUMBAI: With investor sentiment waning and the rupee plunging to new lows everyday, there is an urgent need for implementing the real estate investment trusts (REITs) to ensure more liquidity in the sector, say experts. The government and market watchdog Sebi are actively working on a regulatory framework for REITs — an asset class that buys...Factor in capital gains
Written by Jayanta Thursday, 05 September 2013
( 0 Votes )Across Mumbai, several families are looking towards the redevelopment of their old tenanted property whereby they get a chance to move into a larger apartment with modern amenities. These properties have been granted higher floor space index (FSI), which is why developers are queueing up amid the lure of high returns. These dream homes, however,...More Articles...
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