The booming economy of the ASEAN Region has given countries like India a great future in developing their respective infrastructures and Housing facilities. Foreign Venture Capital Investments in India provides risk capital to various projects in different sectors stated under the regulations governing venture capital fund requirements.
According to the Foreign Venture Capital Investment (FVCI) norms, the Securities and Exchange Board of India (SEBI) has approved 50 applications in the current year 2008. According to the nature of the Venture Capital Investment, the RBI (Reserve Bank of India) has proposed some guidelines with certain reservations on various aspects. The Finance Ministry has however advised the RBI to approve these Applications without much delay and procedures to avoid uncertainty among Foreign Investors and NRI’s. Considering the latest Real Estate crisis in the US and the Stock Market fluctuations, around 20 out of those 50 applications have raised some concerns about the expected amount of money invested into this particular sector.
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4 comments:
This article helped me understand the real situation and i was searching for this information in the internet for a long time. Thanks
-K. Abdul Rahman ( Builder and Contractor )
I travel asean region a lot, good article
-Albert Sudhakar (Travel Consultant)
Good article and very informative.
Very useful for a person interested in Real Estate news about Chennai
- M. Vasudevan ( Property Consultant )
Good work. very useful.
-Mahendran (Mediator)
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