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Document Type: | General |
Publish Date: | Un-dated |
Primary Author: | CA APURVA SHAH |
Edited By: | Suneela Farooqi |
Published By: | CA APURVA SHAH |
Prior to 2002, Real Estate project were funded only through Debt and Advance Sales but since 2002 Government of India has approved FDI in Real Estate i.e Equity investment in RE project under automatic route. The major change to the said FDI policy took place in 2005 with press note 2 which liberalized the investment in real estate projects by Foreign investors and since then the sector got investors and since then the sector got substantial funds from Investors.