Sebi clears REIT, InvIT norms to tap Rs 1-trillion investments
Paving the way for Rs 1 lakh crore fund inflows from foreign and domestic investors, Sebi today cleared new norms for setting up and listing of Real Estate and Infrastructure Investment Trusts.The new guidelines herald a new investment avenue in India on the lines of one in developed markets like the US, UK, Japan, Hong Kong and Singapore, would allow trading in units of REITs and InvITs like any other security on stock exchanges.
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