To help attract greater foreign and domestic investments into real estate and infrastructure, market regulator SEBI has cleared final guidelines for creation and listing of trusts, REITs and InvITs for these key sectors
Moneylife Digital Team
Market regulator Securities and Exchange Board of India (SEBI) on Sunday approved setting up of the much awaited real estate investment trusts (REITs) that permits real estate funds, to invest in completed and revenue generating real estate. This move will provide a new source of funding for cash-strapped real estate industry.