Before the globally-popular real estate mutual funds (REMF) take off here, RBI has raised a red flag. It has argued that the funds would lead to circumvention of foreign direct investment (FDI) in real estate that places limitations on foreign investors.
Tag: Mortgage
Influence of American Youth On Indian Youth
February 12, 2008 – 12:38 am
When you were in India in the last summer, according to you what changes in the economy were the most profound. What is your opinion about the overall standard of living? The biggest change was the level of investments going on. Families that were traditional in their thinking had changed their mindset; they must invest […]