Indian Real Estate Investment Policy India
REGULATORY FRAMEWORK The matters relating to real estate and city growth have been assigned to State Governments, so state legislation will certainly regulate the market. Govt. of India is restricted only to Delhi and other Union Territories. The Ministry of Urban Development & Hardship Relief is the peak authority of the Federal government of India at the national level to formulate plans, sponsor as well as support designers, work with the activities of various Central Ministries, State Governments as well as other nodal authorities and also keep track of the programmes concerning all the concerns of metropolitan advancement and also housing in the nation. FDI Plan 100% FDI is admitted real estate growth based on minimum range standards of either: 25 acres in case of serviced plots or integrated towns; or 50,000 sq. meters. of built-up area for building growth projects Full at least 50% of the incorporated job within five years from the day of getting all clearances. Do not...