Posted 3/14/2024, 5:57:53 AM
Sebi Eases Norms for Small REITs to Boost Retail Investment in Commercial Real Estate
- Sebi's new framework for Small and Medium REITs to boost real estate fractional ownership market growth to $5 billion by 2030
- Minimum investment reduced to Rs 10 lakh compared to Rs 25 lakh earlier
- Assets under SM REITs to be min Rs 50 cr and max Rs 500 cr
- Over 328 million sq ft grade A office assets valued at $48 billion are SM REIT worthy
- New rules expected to increase participation of retail and institutional investors