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ARTICLE · 28 AUGUST 2014

REITs To Boost Growth And Transparency In Indian Real Estate Sector!

Global Jurix, Advocates & Solicitors
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Ending a tedious seven-year wait, the Securities and Exchange Board of India finally approved the establishment of the Real Estate Investment Trusts in India.

IndiaFinance and Banking
Sandhya Aggarwal
Sandhya Aggarwal

INTRODUCTION

Ending a tedious seven-year waiting (from the year 2008), the Securities and Exchange Board of India [SEBI], finally approved on August 10, 2014, the establishment of the Real Estate Investment Trusts [REITs] in India, and listing of these on stock exchanges for trading, along with offering detailed provisions and regulations for these purposes. The Infrastructure Investment Trusts were also covered under this bold and prudent step of SEBI, the market regulator of India. This web-article offers very enlightening and useful information regarding the REITs in India exclusively. It is hoped that the REITs in India can contribute substantially and remarkably to growth, accountability, and transparency in the real estate sector of the country. Today, REITs are highly successful and beneficial in about 20 countries of the world over, in respect of providing less risky investment options in real estate to small and big investors, regular and dependable income

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