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    <title>Guidelines for FDI in development of integrated township including housing and building material</title>
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    <description>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 &amp; 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.</description>
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    <pubDate>Fri, 04 Jan 2002 00:00:00 +0530</pubDate>
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      <title>Guidelines for FDI in development of integrated township including housing and building material</title>
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      <description>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 &amp; 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.</description>
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