A real estate investment trust (Reit) is a novel investment mechanism being contemplated by the Securities and Exchange Board of India (Sebi). A Reit owns and manages income-generating developed property and is designed to offer common units to the public as an investment option. Such units represent ownership in the business of managing income-producing properties. Reits will provide an avenue to real estate developers to commercialise developed property, providing an exit avenue. It will also provide overleveraged companies an opportunity to deleverage. It will increase the depth of the Indian real estate market and provide additional liquidity. Read More>>>>>
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