SEBI’s decision to classify REITs as ‘equity’ for mutual fund investments is a progressive step to broaden investor participation and strengthen the instrument. The move, hailed by the Indian REITs Association and top REIT officials, is expected to boost real estate investment and encourage more REIT listings in India.
Recent Posts
- A long-time developer wants to split Bitcoin blockchain and reassign Satoshi coins. The community is calling it a theft
- Pudgy Penguins, BAYC rally masks a shrinking NFT market as volumes and users fall
- Iran reportedly proposes Hormuz Strait deal to U.S. Here’s where things stand — and what’s next for markets
- Acko lines up ICICI Sec, Kotak, Morgan Stanley for $2 billion IPO
- Varun Beverages Q4 results: Net profit jumps 20% at ₹872.3 crore YoY, revenue up 18.3%; ₹0.50 dividend declared