Ray of hope for realtors: Govt may allow 100% FDI in completed housing projects

India currently allows 100% FDI through the automatic route in construction-development projects — townships, residential and commercial buildings, roads, bridges, hotels, resorts, hospitals, educational institutions, recreational facilities and city and regional-level infrastructure. India, however, prohibits FDI in the real estate business or construction of farm houses.

from Economic Times https://ift.tt/3eNW4ga

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