Share on LinkedInShare on LinkedIn

ARTICLE · 19 MAY 2016

Foreign Investments In REITs

Shardul Amarchand Mangaldas & Co
Shardul Amarchand Mangaldas & Co
Contributor
Shardul Amarchand Mangaldas & Co

Shardul Amarchand Mangaldas & Co

Founded on a century of legal achievements, Shardul Amarchand Mangaldas & Co (SAM & Co) was born...

View firm profile
Explore more from Shardul Amarchand Mangaldas & Co

The abovementioned amendments to the legal and regulatory regime governing REITs in India were accompanied by the Government diluting its stand on ‘real estate business' and permitting FDI in rent generating assets.

IndiaReal Estate and Construction

The Securities and Exchange Board of India ("SEBI") on September 26, 2014, announced guidelines for the creation of real estate investment trusts ("REITs") in India by issuance of the SEBI (Real Estate Investment Trust) Regulations, 2014 ("REIT Regulations"). Right from the date of issuance of the REIT Regulations, the REIT as an investment structure is being keenly viewed by the market as the next big evolutionary step in the growth story of the Indian real estate sector.

These quasi debt-equity instruments are structured to operate in a manner similar to mutual funds by pooling in money from investors and investing these funds in to rent generating assets, thereby offering REIT investors a chance to diversify their asset portfolio to real estate, without having to shell out the big bucks to actually purchase property, in an already expensive property market.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

See more popular content from