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Friday, November 13th, 2009

â?¢ Rs 8,000 crore premium realty projects face


â?¢ Rs 8,000 crore premium realty projects face delay â?¢ According to industry estimates, around Rs 8,000 crore of realestate projects covering over 40 millon square feet are facing delays. â?¢ Relax FDI, PE norms for small city builders â?¢ The real-estate industry in Coimbatore wants the Centre to tweak the FDI and foreign Private Equity (PE) investment norms in realestate in small cities so that these fund sources [...] realestate segment in India is growing beyond leaps and bounds.
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