(a) whether the Union Government have approved the project for setting up integrated residential township with foreign participation;
(b) if so, the details thereof alongwith the place where this township is likely to be set up;
(c) the names of the foreign participants and the contribution of each of them; and
(d) other details in this regard?
MINISTER OF STATE IN THE MINISTRY OF PARLIAMENTARY AFFAIRS AND
MINISTER OF STATE IN THE MINISTRY OF URBAN DEVELOPMENT & POVERTY
ALLEVIATION ( SHRI O. RAJAGOPAL )
(a): Yes, Sir.
(b): Gurgaon, Haryana.
(c)&(d): The names of foreign participants are:-
(i) M/s Kontur Bintang Sdn. BHD. (a Company
registered in Malaysia) &
(ii) M/s Tan sri. G. Gnanalingam (a Malaysian
Citizen).
M/s Tricolour Investment Ltd. promoted by Emirates Bank
Group has also proposed to invest in the project.
The applicant company is required to comply with the
guidelines issued by the Government of India vide Press Note
No.3 of 2002 Series dated 04.01.2002 and intimate to the Central
Government exact break up of equity structure.