REIT regulations
In what can be termed as good news for the Indian real estate sector, Milestone Capital advisors, a well known private equity fund that invests in realty projects has managed to raise nearly Rs. 170 crore for its structured debt fund. Milestone Capital advisors plan to raise a total of Rs. 500 crore in the [...] Continue Reading »
REITs might have to face some turbulent times before being fruitfully launched in India, due to the current tax rules, which make it an unattractive and stringent affair. The rules announced by the Indian Government for setting up Real Estate Investment Trusts (REITs), which may spur $20 billion of property development, will not see the [...] Continue Reading »
Real Estate Investment Trusts (REITs) are finally a formalised concept in India after SEBI approval on August 10. This instrument will bring better and faster funding for the real estate sector and has been welcomed by the stakeholders in the sector. While the developers lobby is elated at the prospect of an increased interest from [...] Continue Reading »
