2bedroom & 3bedroom Flats for sale in Tanisandara Bangalore at DS-MAX Sunshine.
All required amenities and better quality specifications used in Ds Max Sunshine project by Ds max properties pvt ltd. Want to search more projects in Bangalore just click here...
The Union Government has allowed cent percent foreign direct investment in construction sector. The Cabinet Committee on Economic Affairs has taken a decision in this regard. The investment is allowed
under automatic route in townships, housing, built-up infrastructure and construction! development projects.
The minimum area to be developed is 10 hectares for housing and 50,000 sq. mtrs in case
of construction development projects. However foreign investors are not allowed to sell undeveloped land. This would avoid speculation in real estate. Repatriation of original investment will not be allowed for three years. The move would help manufacturing sector like cement. steel, brick making etc.
It is note worthy, that the investor has to obtain completion certificate from local authority, as the project has to confirm to the state!local laws. This would bring more foreign direct investment apart from improving the quality of construction. The local players will be exposed to international standards.
However, this may increase the land prices around urban centres, accelerate urbanisation and disappearance of agricultural lands. The housing may become costly and not affordable by low income group.
DS-MAX Properties Pvt Ltd presents DS-MAX Stonehills project in bangalore. Ds Max StonehillsLocated in J P Nagar Bangalore with 2BHK and 3BHK Apartments. Click here to see more Bangalore Properties...
All required amenities and better quality specifications used in Ds Max Sunshine project by Ds max properties pvt ltd. Want to search more projects in Bangalore just click here...
The Union Government has allowed cent percent foreign direct investment in construction sector. The Cabinet Committee on Economic Affairs has taken a decision in this regard. The investment is allowed
under automatic route in townships, housing, built-up infrastructure and construction! development projects.
The minimum area to be developed is 10 hectares for housing and 50,000 sq. mtrs in case
of construction development projects. However foreign investors are not allowed to sell undeveloped land. This would avoid speculation in real estate. Repatriation of original investment will not be allowed for three years. The move would help manufacturing sector like cement. steel, brick making etc.
It is note worthy, that the investor has to obtain completion certificate from local authority, as the project has to confirm to the state!local laws. This would bring more foreign direct investment apart from improving the quality of construction. The local players will be exposed to international standards.
However, this may increase the land prices around urban centres, accelerate urbanisation and disappearance of agricultural lands. The housing may become costly and not affordable by low income group.
DS-MAX Properties Pvt Ltd presents DS-MAX Stonehills project in bangalore. Ds Max StonehillsLocated in J P Nagar Bangalore with 2BHK and 3BHK Apartments. Click here to see more Bangalore Properties...
No comments:
Post a Comment