guidelines for Real Estate Investment Trust
On August 10, Securities and Exchange Board of India (Sebi) – India’s capital market regulator – gave a long-pending go-ahead to a proposal underscoring the launch of Real Estate Investment Trusts (REITs). The approval to REITs by the Sebi board unfolds an opportunity for cash-strapped developers to gain easy access to funds for completing their [...] Continue Reading »
While the fine print yet to be figured out, estimates of around $10 billion or more of foreign funds could flow into Real Estate Investment Trusts (REITs) over the next few years appear somewhat far-fetched at this juncture. In order to be sure, there could be a thriving market in REITs one day but given [...] Continue Reading »
The Sebi board has recently cleared new norms for Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs). Sebi Chairman U K Sinha has said in a recent statement that, under the new norms, entities with at least Rs 2 lakh investment will be able to benefit from returns from completed realty projects. With [...] Continue Reading »
SEBI is looking forward to finalise norms for the real estate or infrastructure investment trusts because of its upcoming board meeting which is going to be held in New Delhi on the 9th of August. This will be making the way for such entities so that they can list on the exchanges in what could [...] Continue Reading »
REITs (Real Estate Investment Trusts) were introduced in the budget session this year by finance minister Arun Jaitley. It will allow us to own a small part of every piece of property we walk into, be it the restaurant down the street, a friend’s flat or our office buildings. On top of that about 90 [...] Continue Reading »
The Modi government is trying hard to revive the real estate, infrastructure, manufacturing and all other sectors in India. In order to revive the real estate sector last month, the newly elected Union government unveiled a series of structural reforms. These recognize the need to provide alternative sources of funding to the real estate sector. [...] Continue Reading »
The final guidelines for REITs (Real Estate investment Trusts) was announced by the capital markets regulator SEBI (Securities and Exchange Board of India) on Sunday. The property players were given enough room to float and these guidelines also built-in adequate safeguards for the investors. The minimum size of assets that a REIT must have, to [...] Continue Reading »
When the finance minister Arun Jaitley had launched the real estate investment trusts (REITs) in the budget, it had brought a lot of cheer to the real estate world. Now the government is busy clearing roadblocks forthe REITs and several real estate biggies like DLF, Tata Realty and Infrastructure, Prestige Group and Panchshil Realty are [...] Continue Reading »
RMZ Offices plans to raise $1.5 billion, or Rs 9,000 crore, through a real estate investment trust (REIT) either in Singapore or Mumbai. RMZ (corporate) vice-chairman Manoj Menda mentioned that the Bangalore based commercial office space landlord RMZ Offices has started work with the bankers to take its rent-yielding office buildings to the market within [...] Continue Reading »
The SEBI Board has approved the guidelines for Real Estate Investment Trust that had been announced in the Budget. A retail investor can invest Rs. 2 lakhs or more. The asset size will be Rs. 500 crore and networth of the fund should be Rs. 10 crore. There will also be some tax benefits also. [...] Continue Reading »
