Sebi to allow real estate investment trusts in India3 min read 10 Oct 2013, 04:53 PM IST
The move is aimed at attracting investments to the country’s slackening realty sector
Mumbai: The Securities and Exchange Board of India, or Sebi, is soon likely to allow real estate investment trusts, or REITs, in India—a move that will increase the depth of India’s real estate market, in terms of both exit and financing options for developers and avenues for investors.
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