Foreign Exchange Management (Transfer or Issue of Security by a Person Resident Outside India) (Sixteenth Amendment) Regulations, 2014. - 329/RB-2014 - Foreign Exchange Management
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Full foreign direct investment on automatic route in construction development allowed subject to project-size, minimum capital infusion and infrastructure conditions. Full foreign direct investment under the automatic route is permitted in the construction development sector, covering townships, residential/commercial premises and city/regional infrastructure, subject to conditions including minimum floor area for construction projects, an initial mandatory capital infusion within a fixed period from project commencement, staged investment tranches within a defined timeframe, exit and repatriation rules tied to provision of trunk infrastructure, and strict compliance with applicable building, land-use and approval requirements.
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.
Full foreign direct investment on automatic route in construction development allowed subject to project-size, minimum capital infusion and infrastructure conditions.
Full foreign direct investment under the automatic route is permitted in the construction development sector, covering townships, residential/commercial premises and city/regional infrastructure, subject to conditions including minimum floor area for construction projects, an initial mandatory capital infusion within a fixed period from project commencement, staged investment tranches within a defined timeframe, exit and repatriation rules tied to provision of trunk infrastructure, and strict compliance with applicable building, land-use and approval requirements.
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