TURNING POINT IN INDIAN REAL ESTATE! MAYBE?
Real estate is one of the favorite asset classes for Indian to invest their savings in, however, investing in this class comes with a lot of baggage, hassle and even fear; as real estate carry a very bad name; and sometimes rightly so. Now with the debut of India’s first REIT, Indian investor may have a new vehicle to invest in their favorite class stress-free. Looking a little back The dynamics of Indian demographics is fast evolving and shifting towards urbanization which demands a growing real estate. But, in reality the real estate developers; who are more reliant on bank loans, don’t have sufficient avenues to liquidate their holdings and free up capital for new projects. So in-order to increase investor interest in this sector to facilitate the necessary growth and capital flow SEBI along with Government of India have introduced REIT structures in India. Status quo On 26th September 2014, SEBI; Securities and Exchange Board of India, notifies the REITs; Real Esta...
