Foreign direct investment
This query is : Resolved
02 November 2009
A Private business is formed with the main objective as building promotion.
Can the company induct foreign funds for the promotion of the business?
Whether FDI is allowed in Real estate business. If so kindly specify the limits.
Can the company induct foreign funds for the promotion of the business?
Whether FDI is allowed in Real estate business. If so kindly specify the limits.
02 November 2009
NO, read the related notification point 3
http://rbi.org.in/scripts/NotificationUser.aspx?Mode=0&Id=5094#16
http://rbi.org.in/scripts/NotificationUser.aspx?Mode=0&Id=5094#16
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