SEBI
REITs will offer financing as well as exit options to the developers and investors. It is expected that REITs will bring a lot of action in the real estate market. The go-ahead to the real estate investment trust by the Securities and Exchange Board of India (SEBI) will enhance the depth of the country’s commercial [...] Continue Reading »
Real Estate Investment Trust (REITs) in India will require such bodies to take adequate insurance cover for their realty assets. This needs to be done to safeguard the investors’ interest. The new norms should bar them from promising any guaranteed returns. The detailed norms about REITs which will be made public soon, will also contain [...] Continue Reading »
REITs were announced with a lot of pomp and show during the union budget presented by the Finance Minister Arun Jaitley on July 10. HDFC Chairman Deepak Parekh has urged the Finance Ministry to come up with more clarification on the taxation front for the REITs to be successful. Parekh termed the budget announcement on [...] Continue Reading »
The Securities and Exchange Board of India (Sebi) is all set to approve the guidelines for real estate investment trust (REITs) and other infrastructure investment trusts (InvITs) at its board meeting on the August 10 in the capital. The Narendra Modi government had announced plans for such trusts in the July 10 Budget that was [...] Continue Reading »
The REIT (Real Estate Investment Trusts) norms will be more attractive now and the capital markets regulator SEBI (Securities and Exchange Board of India) has agreed to incorporate the industry suggestions. The minimum asset size will be reduced to Rs 500 crore, and foreign investors at IPO and later stages will be allowed. At the [...] Continue Reading »
After extensive stakeholder consultations alternative investment fund (AIF) regulations were notified in May 2012. The Securities and Exchange Board of India (SEBI) after recognising the need for long-term, cost-effective funding source from the private sector, capital markets or private pool of capital for start-ups, small & medium businesses and infrastructure came out with this. As [...] Continue Reading »
One of the assets of the Calcutta Stock Exchange (CSE) is up for sale. The asset is a three-acre prime land on the eastern corridor of Kolkata. For the sale of the prime land, CSE has hired property consultant Jones Lang LaSalle (JLL). Going by the estimates of unidentified sources in the realty market, the [...] Continue Reading »
SEBI chairman UK Sinha on Thursday mentioned that the market regulator Securities and Exchange Board of India (SEBI) will unveil the detailed guidelines on Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) next month. SEBI has also taken steps to safeguard the interests of the shareholders. Sinha also stated that SEBI would also [...] Continue Reading »
BharatiyaJanata Party-led NDA government has always considered infrastructure development in its top priorities. This ruling party came in power in April-May general election on the promise of stimulating slumped economic growth. However statistics don’t always tell the detailed story, they rather provide detailed outline of the story. As per the statistics from Centre for Monitoring [...] Continue Reading »
The Securities and Exchange Board of India (Sebi) on Thursday released draft guidelines for infrastructure investment trusts (InvITs). This is expected to enable financing and investment opportunities in long-term infrastructure projects. The finance minister Arun Jaitley made some draft guidelines during the Budget speech last week. SEBI is supposed to follow those draft guidelines. InvITs are [...] Continue Reading »
