Latest Property News on 'Foreign Direct Investment in India'

Hong Kong’s AEA to invest in Indian Real Estate

Hong Kong based AEA Holdings announced that it plans to invest more than $2 billion over the coming years in Indian realty projects.

India’s realty sector is undoubtedly on a high growth path and emerging as global investors’ choice. In this climate, AEA Holdings can serve as a catalyst to bring about a change within the industry, say Bill Owens, Chief executive and chairman of AEA Holdings Asia.

AEA Holdings Asia, a private equity fund formed after the merger of New York-based AEA Investors and Hong Kong’s Aetos Capital. The firm deals with investments in commercial real estate and hedge funds. Read More »

Do Foreign Investors really find Indian realty sector worth their money?

Largely fragmented Indian realty sector has been on the upswing and is turning out to be hot attraction for the foreign investors. However, these potential future investors seem to be little baffled about whether the gains are worth the effort necessary to acquire them.

Over $8 billion of foreign investment is estimated to flow in the year 2006-2007, of which 26.5 percent will be in real estate, says study released by the Associated Chambers of Commerce and Industry of India. Such a boom will certainly trigger a change in the direction of economic policy in the country. Read More »

FDI proposals worth Rs 250 cr cleared

The finance ministry on Monday approved 32 foreign direct investment (FDI) proposals amounting to Rs 249.81 crore, including a Rs 141-crore investment by entertainment major Walt Disney.

The other proposals include US-based real estate consultants Beekman Helix and Rs 27 crore investment by Sweden-based Volvo Bus Corp. Auto major Honda is also permitted to invest Rs 10 crore.

The major investment proposals pertain to the departments of commerce, economic affairs, heavy industry, and information and broadcasting. These proposals had been recommended by the Foreign Investment Promotion Board (FIPB) in its meeting on October 20. Read More »

Govt weighs FDI risks in reversing judicial verdict on sealing

The government is faced with concerns that a constitutional amendment to end the sealing crisis could send out a wrong message to foreign investors if it places the law suspending court-ordered municipal sealing drive for a year beyond judicial review.

With the country being billed as rule-based democracy to attract foreign direct investment, the Centre is weighing the risks of such a move could entail at a time when Indian is fast emerging as a major FDI destination. Read More »

Government okays 22 FDI proposals

New Delhi: The Centre has approved 22 foreign direct investment (FDI) proposals worth Rs 896.25 crore ($198 million), including a Rs 511-crore investment plan of Singapore-based Solitaire Capital Investments Pte and Solitaire Ventures Pte in India’s booming real estate sector.

The Finance Ministry also cleared Mauritius-based power producer Bijlee Bharat Holdings’ plan to set up a subsidiary in India with an initial investment of Rs 308 crore, which will invest in multiple power plants. Read More »

FDI inflows: India among top ten developing nations

NEW DELHI, SEPT 1: India has emerged among the ten major developing country which are recipients of foreign direct investment (FDI) but it still lags far behind its neighbour China in terms of FDI inflows received, a UN report has said.FDI inflows to India stood at $5.5 billion in 2004, making it the tenth largest developing economy in terms of overseas investment received, according to United Nations Conference on Trade and Development’s (Unctad) trade and development report 2006.

China led the pack with $60.6 billion of FDI inflows, followed by Hong Kong with $34 billion and Mexico with $18.7 billion, Unctad said. Read More »