Foreign direct investment in integrated townships subject to registration, upfront capitalisation and project completion milestones. FDI up to full ownership is permitted for integrated township development provided the foreign investor registers as an Indian company, demonstrates core competence in township development, and obtains processing and clearance through the investment authority on recommendation of the Ministry of Urban Development & Poverty Alleviation. Investments must meet minimum area or dwelling-unit thresholds, upfront capitalisation requirements, a minimum lock-in period before repatriation, and completion milestones including at least half the project delivered within five years of first land possession, while complying with local land-use, development charges, planning norms and obligations to provide community and peripheral services; SEZ cases may receive conditional exemptions.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Foreign direct investment in integrated townships subject to registration, upfront capitalisation and project completion milestones.
FDI up to full ownership is permitted for integrated township development provided the foreign investor registers as an Indian company, demonstrates core competence in township development, and obtains processing and clearance through the investment authority on recommendation of the Ministry of Urban Development & Poverty Alleviation. Investments must meet minimum area or dwelling-unit thresholds, upfront capitalisation requirements, a minimum lock-in period before repatriation, and completion milestones including at least half the project delivered within five years of first land possession, while complying with local land-use, development charges, planning norms and obligations to provide community and peripheral services; SEZ cases may receive conditional exemptions.
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