News From Press Sebi notifies small and medium REITs

Sebi notifies small and medium REITs

Source: Mint Mar 11, 2024

The Securities and Exchange Board of India (Sebi) has issued regulations to amend the REIT Regulations 2014, establishing guidelines for creation of Small and Medium Real Estate Investment Trusts, or SM REITs.

This move aims to regulate the fractional ownership industry and safeguard investor interests, incorporating both commercial and residential properties within the new framework.

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