NRIS Invest in Industrial Plots in Delhi NCR

gurgaon-nriDelhi NCR: The Haryana State Industrial and Infrastructural Development Corporation (HSIIDC) had set apart 10% of the industrial plots in Gurgaon in 2011 solely for NRIs hoping that this would make the dollars flow into the area. At that time such a move by the state government was met with criticism from the Gurgaon industrial community who accused the corporation of being the ‘property dealer’ who is being greedy and looking for new ways to fill the pockets. The government’s intention was quoted in a statement released at the time and it said the move has been taken to “boost the inflow of foreign exchange in the country.”But the policy almost failed to yield any result, until recently. The rupee has fallen and Indian real estate has witnessed a surge of interest from the NRIs. This has turned out to be a blessing for the HSIIDC which announced a list of 19 plots being allotted to successful NRI applicants in Haryana.A number of plots were allotted for the NRI quota in many under-development townships such as Rai, Saha, Bawal and Panipat. Gurgaon and Maneswar also had township plots allotted for NRIs but did not make to the latest list. The maximum transactions occurred in Faridabad.The final decision about the plots was made last week at the meeting of the NRI Plot Allotment Committee. The measurements of the allotted plots were between 450 and 1800 sq ft. After the 2011 policy of allotting 10% of the land for NRI investment a special cell called the Foreign Investment and NRI cell was established which the HSIIDC runs in various districts.33% of industrial plots and 10% of all plots that the HSIIDC developed were reserved for FDI (Foreign Direct Investment) by NRIs and PIOs (Persons of Indian Origin).займ на карту без отказов круглосуточновзять кредит онлайн

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