Recent regulations issued by the Securities and Exchange Board of India (Sebi) for small and medium real estate investment trusts (SM REITs) are likely to drive investor interest towards fractional ownership of real estate assets, said Crisil Ratings in a note. Fractional ownership allows people to invest in a portion of a larger property, making real estate investment more accessible. Earlier this year, Sebi notified the regulations for small and medium real estate investment trusts and specified that investment managers of such REITs should have a minimum net worth of Rs 20 crore and the REITs can raise a minimum of Rs 50 crore from at least 200 unit holders.
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