SEBI introduces new regulations for SM REITs, promoting fractional real estate ownership and investor protection.
SEBI's new regulations for small and medium real estate investment trusts (SM REITs) aim to drive investor interest towards fractional ownership of real estate assets. The move is expected to broaden the investor base and enable strong investor protection. Mandatory investments in operational assets, restrictions on related party transactions, compulsory stock exchange listing, and minimum 95% surplus distribution from special purpose vehicles are some key regulatory guardrails.
July 02, 2024
3 Articles