REITs News
The Indian real estate in the last few years sector has undergone a massive transformation. Catering to this phenomenal increase in demand would not have been possible had it not been for the advancements in technology, new financing models, and regulatory reforms.
REITs have to offer their units in lots worth at least Rs 50,000 in initial and follow on public offers.
Under the proposal, minimum allotment and trading lot for publicly issued REITs (Real Estate Investment Trusts) and InvITs (Infrastructure Investment Trusts) will be reduced.
The Securities and Exchange Board of India (Sebi) has also amended the definition of valuer for both REITs and InvITs.
Those under scanner include over 300 listed companies as also hundreds of unlisted entities and individuals, suspected to be misusing the stock exchange platform for tax evasion, among other wrongdoings, a senior official said.
Pension fund managers will now have more investment options, with InvITs finally becoming a reality after two years and REITs in the offing.
The Reserve Bank on Thursday allowed banks to invest in Real Estate Investment Trust (REITs) and Infrastructure Investment Trusts (InvITs), a move that will help revive the cash-starved infrastructure sector.
The real estate investment trusts (REITs) are likely to kick off in the next 12-14 months helped largely by liberalised regulatory norms and demonetisation, leading property consultant Knight Frank on Friday said.
To make real estate and infrastructure investment trusts more attractive for investors, regulator Sebi has notified norms allowing mutual funds to invest their money in such entities.
Private equity investments in the real estate sector increased by 26 percent during 2016 and touched a nine-year high of nearly Rs 40,000 crore, according to property consultant Cushman & Wakefield.
The Securities and Exchange Board of India (SEBI) board, which has been looking at ways to attract more investors, has allowed mutual funds to invest in real estate investment trusts (REITs) and infrastructure investment trusts (InvITs) that have been classified as hybrid instruments.
Indian mutual funds will be allowed to invest in real estate investment trusts (REITs) and infrastructure investment trusts (InvITs), the market regulator said on Saturday, a move aimed at boosting investor interest in such alternative investments.
Markets regulator Sebi on Friday decided to further relax in norms for REITs and InvITs in a bid to make these instruments more attractive for raising capital.
With an aim to give capital markets a big push, regulator Sebi is likely to ease out regulations for Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs), this month.
With an aim to make REITs more attractive to investors and real estate players, markets regulator Sebi on Friday decided to relax its norms to allow these Trusts to invest more in under-construction assets and have a larger number of sponsors.
To deepen Indian capital markets, regulator Sebi's board will consider proposals, on Friday, for relaxed norms for REITs and an easier set of compliance rules for foreign fund managers keen to relocate to India.
Sebi is also gearing up for significant steps to deepen the corporate bond market to develop a market-based financing framework for companies, while it also expects instruments like Muni Bonds and Infrastructure Investment Trusts (InVITs) to get a leg-up in financial year 2016-17, beginning April 1.
Finance Minister Arun Jaitley's proposed removal of dividend distribution tax has received a thumbs-up from the real estate sector which has been looking for a clarity to launch Real Estate Investment Trusts (REITs) for raising funds.
Real Estate Investment Trusts should be exempted from the dividend distribution tax and stamp duties in the upcoming Union Budget so as to make them attractive to domestic and foreign investors, says property consultant CBRE.
Finance Ministry Monday said it expects newly-created business structures REITs to start functioning shortly, a move which will give a boost to the realty sector.
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