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Experts' Take

Prashant Tiwari, CMD, Prateek Group

Prashant

Although,  DEPP  has  permitted  the  FDI  up  to  10.0  per cent  in  construction  development sector;  there  are  certain  policy  changes that  can  allow  foreign  players  to  completely settle  in  India.  Clauses  such  as  minimum land  area,  minimum built  up  area,  minimum capitalization  norm,  etc  can  be made more  flexible  in  order to further attract  FDI  in India. This country  has a  lot of scope  in  almost  everything, so why should we not provide further opportunities  and  leniency  in FDI  policy  is  one way to  open  such gates.

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