FDI 기준이 약화되면, 부동산 중개인 증가 Property market in India: Why relaxed FDI norms will be a boost for realty brokerages
[REAL ESTATE NEWS] Good morning, everyone. I’m Byeongyeon Yoo staff of Kamaindia Pvt. Ltd.
Here I have an important Real estate news to share with you which is as undermentioned.
On January 10, 2018, the Union Cabinet, chaired by the Prime Minister, gave its approval to a number of amendments in the foreign direct investment (FDI) policy. These amendments include 100% FDI under automatic route in single brand retails trading, construction development (real-estate brokerage services), civil aviation and power exchange.
The underlining aim of liberalising the policy is to provide ease of doing business, which will result in increasing the FDI inflow in the respective sectors, leading to growth of investment and employment in the country. Providing 100% FDI in construction