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TMI BlogGuidelines for FDI in development of integrated township including housing and building materialX X X X Extracts X X X X X X X X Extracts X X X X ..... ing and building material Government vide Press Note No. 4 (2001 series) permitted FDI up to 100% for development of integrated townships, including housing, commercial premises, hotels, resorts, city and regional level urban infrastructure facilities such as roads and bridges, mass rapid transit systems and manufacture of building materials. Development of land and providing allied infrastruc ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... essful execution of such projects elsewhere. iii) The minimum area to be developed by such a company should be 100 acres for which norms and standards are to be followed as per local bylaws / rules. In the absence of such bylaws / rules, a minimum of two thousand dwelling units for about ten thousand population will need to be developed by the investor. iv) The investing Foreign company shou ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... opment charges, external development charges and other charges as laid down in Master Plan / Bylaws, preparation of layout and building plan, development of internal and peripheral development, development of other infrastructure facilities including the trunk services etc., will be the responsibility of the investor as per planning norms and standards on similar lines as those applicable to local ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... after properly developing playgrounds, park, will make it available to the local authorities free of cost. ix) The developer will ensure the norms and standards as applicable under local laws / rules. x) For companies investing in Special Economic Zones, Foreign Investment Promotion Board may accord exemption to any of the above mentioned conditions on a case-to-case basis. This will, howev ..... X X X X Extracts X X X X X X X X Extracts X X X X
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