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Real Estate Sector Expects Liberalised FDI Norms from Union Budget 2011

Posted: 22 Feb 2011 01:50 AM PST

The real estate sector is expecting a liberalised foreign direct investment (FDI) norm and easing of rules for external commercial borrowings, in the present tight project finance situation and rising cost of loans, from the Union Budget 2011-12. On the other hand, another round of interest subvention and a higher cap on interest deduction available [...]

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