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June.pdf

06-2007.pdf
Preview of June
🔗 Source: aicas.in
📊 Size: 700 KB
📄 Pages: 8 pages
⬇️ Downloads: 247

Summary

The Real Estate Sector in India has seen a significant boom in the last 3 years due to economic growth and liberalization of international investment. However, the liberalization is being misused, with non-resident Indians and foreign companies investing in farm houses and agricultural land, which is prohibited. The RBI regulations are being openly defied, and tax evasion is rampant. The misuse includes investment in farm houses, buying agricultural land, and trading land without obtaining change of land use. The RBI has not brought in any mechanism to curb this misuse.

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Description

The Real Estate Sector in India has seen a significant boom in the last 3 years due to economic growth and liberalization of international investment.

Technical Information

  • File Format: PDF
  • File Size: 700 KB
  • Pages: 8
  • Language: EN
  • Total Downloads: 247
  • Last Updated: 3 weeks ago

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