Quote:
Originally Posted by ianaam
I see that FDI is limited to "construction/development" projects greater than 50k sq. meters. Does that minimum same size restriction apply to completed/existing commercial structures also?
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According to FDI press note 2, These are the criteria for FDI investment.
1. Minimum Area to be developed In case of serviced housing plots the minimum area should be 10 hectares and in case of construction development the minimum area should be 50,000 sqmtr.
So the minimum size restriction apply to all projects