An Insight into the Liberalised Regulatory Framework Governing Investments in Real Estate
In a developing economy like India, real estate is one of the core areas contributing to the economic growth of the country by providing employment opportunities and attracting significant foreign investment. However, the past few years have been a challenging phase for the sector given the overall slowdown in the global economy. But, the Indian Government in the last financial year has shown unprecedented resolve to deal with this set back through various reforms, inter alia including, liberalization of the regulatory framework governing foreign investment in real estate.
Set in the backdrop of these much awaited amendments to the regulatory regime governing foreign investment in real estate, this newsletter aims to provide a basic roadmap of the recent regulations, and answer the crucial question arising in every stakeholder’s mind after the recent reforms - “What’s in it for me?”.