Sebi planning 'micro' REITs to boost nascent market: Source

Posted On : December 15, 2022

India's market regulator is planning to allow "micro" real estate investment trusts (REITs), according to a senior official, to bring a wider set of property companies to the nascent market  as India emerges from a pandemic-induced lull.  The Securities and Exchange Board of India (SEBI) is considering reducing the size of REITs, allowing them to hold just a  single asset or a diversified portfolio, to increase supply and flexibility for investors, said the official.

For more details please visit https://realty.economictimes.indiatimes.com/news/industry/sebi-planning-micro-reits-to-boost-nascent-market-source/96229251