Close Menu
Bangla news
    Facebook X (Twitter) Instagram
    Bangla news
    • প্রচ্ছদ
    • জাতীয়
    • অর্থনীতি
    • আন্তর্জাতিক
    • রাজনীতি
    • বিনোদন
    • খেলাধুলা
    • শিক্ষা
    • আরও
      • লাইফস্টাইল
      • বিজ্ঞান ও প্রযুক্তি
      • বিভাগীয় সংবাদ
      • স্বাস্থ্য
      • অন্যরকম খবর
      • অপরাধ-দুর্নীতি
      • পজিটিভ বাংলাদেশ
      • আইন-আদালত
      • ট্র্যাভেল
      • প্রশ্ন ও উত্তর
      • প্রবাসী খবর
      • আজকের রাশিফল
      • মুক্তমত/ফিচার/সাক্ষাৎকার
      • ইতিহাস
      • ক্যাম্পাস
      • ক্যারিয়ার ভাবনা
      • Jobs
      • লাইফ হ্যাকস
      • জমিজমা সংক্রান্ত
    • English
    Bangla news
    Home Indian govt brings clarity in policy for FDI in real estate business
    English International

    Indian govt brings clarity in policy for FDI in real estate business

    জুমবাংলা নিউজ ডেস্কMarch 15, 2022Updated:March 15, 20223 Mins Read
    Advertisement

    INTERNATIONAL DESK: To bring more clarity in its FDI policy for the realty sector, the Indian government on Monday “amended and aligned” the existing definitions of the real estate business.

    According to the Press Note of the Department for Promotion of Industry and Internal Trade (DPIIT) released on Monday, it is clarified that FDI is not permitted in an entity which is engaged or proposes to engage in real estate business, construction of farm houses and trading in transferable development rights.

    It added that earning of rent/income on lease of a property, not amounting to transfer, will not amount to real estate business.

    Real estate business means dealing in land and immovable property with a view to earning profit there from and does not include development of townships, construction of residential /commercial premises, roads or bridges, educational institutions, recreational facilities, city and regional level infrastructure, townships…,” the note said.

    FDI is prohibited in real estate business and construction of farm houses, according to the Press Note.

    Further the DPIIT has also made changes in the norms pertaining to acquisition of shares under scheme of merger/demerger/amalgamation.

    The merged or new entity “may issue capital instruments to the existing shareholders of the transferor company resident outside India”, the Note said.

    “Where a scheme of compromise or arrangement or merger or amalgamation of two or more Indian companies, or a reconstruction by way of demerger or otherwise of an Indian company …the transferee company or the new company, as the case may be, may issue capital instruments to the existing shareholders of the transferor company resident outside India,” it said.

    This will be subject to certain conditions, it added.

    It added that earning of rent/income on lease of a property, not amounting to transfer, will not amount to real estate business.

    “Real estate business means dealing in land and immovable property with a view to earning profit there from and does not include development of townships, construction of residential /commercial premises, roads or bridges, educational institutions, recreational facilities, city and regional level infrastructure, townships…,” the note said.

    DI is prohibited in real estate business and construction of farm houses, according to the Press Note.

    Further the DPIIT has also made changes in the norms pertaining to acquisition of shares under scheme of merger/demerger/amalgamation.

    The merged or new entity “may issue capital instruments to the existing shareholders of the transferor company resident outside India”, the Note said.

    “Where a scheme of compromise or arrangement or merger or amalgamation of two or more Indian companies, or a reconstruction by way of demerger or otherwise of an Indian company …the transferee company or the new company, as the case may be, may issue capital instruments to the existing shareholders of the transferor company resident outside India,” it said.

    This will be subject to certain conditions, it added. (The Economic Times)

    Get the latest News first — Follow us on Google News, Twitter, Facebook, Telegram , subscribe to our YouTube channel and Read Breaking News. For any inquiries, contact: [email protected]
    brings business clarity english estate fdi for govt in indian international policy real
    Related Posts
    Sabalenka’s Emotional Control Key to US Open Victory

    Third Suspect Charged in Capitol Hill Intern’s Murder

    September 7, 2025
    Hollywood's Biggest Paycheck: $15 Million for Three Words

    Hollywood’s Biggest Paycheck: $15 Million for Three Words

    September 7, 2025
    Shawn Hatosy and Merritt Wever Win Guest Acting Emmys

    Shawn Hatosy and Merritt Wever Win Guest Acting Emmys

    September 7, 2025
    সর্বশেষ খবর
    Sabalenka’s Emotional Control Key to US Open Victory

    Third Suspect Charged in Capitol Hill Intern’s Murder

    Hollywood's Biggest Paycheck: $15 Million for Three Words

    Hollywood’s Biggest Paycheck: $15 Million for Three Words

    জাতীয় স্বার্থে জবাবদিহিমূলক

    জাতীয় স্বার্থে জবাবদিহিমূলক গণমাধ্যম অপরিহার্য: রিজওয়ানা

    iPhone 17

    iPhone 17 এ আসছে নতুন কুলিং প্রযুক্তি: ভ্যাপার চেম্বার!

    বদরুদ্দীন উমর

    বদরুদ্দীন উমরের মরদেহ সোমবার শহীদ মিনারে নেওয়া হবে

    Shawn Hatosy and Merritt Wever Win Guest Acting Emmys

    Shawn Hatosy and Merritt Wever Win Guest Acting Emmys

    Massachusetts Tornado Warnings Issued for Springfield, Amherst

    Massachusetts Tornado Warnings Issued for Springfield, Amherst

    Bangladesh Army

    ৮৯০ জনকে নিয়োগ দিচ্ছে সেনাবাহিনী

    Galaxy S26 Ultra Camera Could Revolutionize Low-Light Photography

    Galaxy S26 Ultra Camera Could Revolutionize Low-Light Photography

    Why Murdered Ukrainian Refugee's Fundraiser Draws Overwhelming Support

    Why Murdered Ukrainian Refugee’s Fundraiser Draws Overwhelming Support

    • About Us
    • Contact Us
    • Career
    • Advertise
    • DMCA
    • Privacy Policy
    • Feed
    • Banglanews
    © 2025 ZoomBangla News - Powered by ZoomBangla

    Type above and press Enter to search. Press Esc to cancel.