DLF's plans to buy out DE Shaw's investment in DLF Assets may face hurdles due to a FEMA rule classifying fixed-return equity investments as debt.
ED investigates potential Russian land mafia involvement in Goa's real estate between 2000-2007, seeking state government's assistance to scrutinize large-scale land acquisitions by Indian companies believed to front for illegal Russian ownership.
The Goa government is considering regulating property sales to foreigners amidst concerns about Goa's image and potential FEMA violations.