In recent years, the government has moved to promote the use of public private sector partnerships in building the country’s infrastructure and liberalize foreign direct investment (FDI) in real estate.
Partner
Kesar Dass B & Associates
FDI up to 100% is now permitted in townships, housing, built-up infrastructure and construction development projects including housing, commercial premises, hotels, resorts, hospitals, educational institutions, recreational facilities, city and regional level infrastructure facilities such as roads, bridges and transit systems. The decision has created an explosive demand for investment capital and technical know-how among a burgeoning number of companies.
As a result, the Indian private sector is on the lookout for capital to undertake huge infrastructure and real estate projects.
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Sumant Batra is a patner at Kesar Dass B & Associates.
Kesar Dass B & Associates
15, Birbal Road
Jangpura Extension
New Delhi – 110014, India
Tel: +91 11 4182 3285-89
Fax: +91 11 4182 3290
Email: sumant.batra@kesardass.com
