| With the Reserve Bank of India (RBI) frowning on structured products and the government stipulating a three-year lock-in period, foreign direct investment (FDI) in real estate has slowed down significantly over the past year. Industry-watchers point out that after the Lehman crisis, investors have turned more cautious and capital flows into Indian real estate have tapered off.
While FDI flows amounted to roughly $14-15 billion in the four years to December 2009, just about a billion had come in till November last year..............................................Full Article: Source
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