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of <h1>India Updates FDI Policy: Easier Rules for Construction Development, 100% FDI Allowed in Completed Projects.</h1> The Government of India has revised the Foreign Direct Investment (FDI) policy for the Construction Development Sector, amending the 2014 guidelines. Key changes include removing the minimum land area requirement for serviced plots and reducing the minimum floor area for construction projects to 20,000 sq. meters. The minimum FDI requirement is now US$ 5 million within six months of project commencement. Investors can exit upon project completion or infrastructure development, with certain exceptions. FDI remains prohibited in real estate businesses and farmhouses. The policy emphasizes compliance with local regulations and allows 100% FDI in completed projects for operation and management.
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