Page 2 - ப்ரூக்ஃபீல்ட் இந்தியா News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Broker s call: Brookfield REIT (Buy) - The Hindu BusinessLine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Brookfield India REIT - Building a strong edifice - ICICI Securities
equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.
Lower minimum investment in REITS proposed for larger retail participation
By IANS |
4 Views
SEBI.. Image Source: IANS News
New Delhi, April 8 : In an attempt to increase retail participation in the new asset class, market regulator SEBI may look at reducing the minimum investment in REITs, or real estate investment trusts, from the present level of Rs 50,000.
Sources privy to the development said that the government has reached out to the Securities Exchange Board of India (SEBI) to examine the possibility of reducing the floor of investment decided for investment in this asset class.
While the specifics have been left to the regulator to decide, sources said that industry associations have pushed for halving this limit to Rs 25,000 to help in bringing more participation from small retail investors into REITs.
MUMBAI: India’s market regulator is weighing a proposal that seeks to reduce the minimum investment limit in real estate investment trusts (REIT) to facilitate retail participation in this asset class, especially at a time when New Delhi is keen to monetise some of its income-earning properties.
While the current floor is Rs 50,000, the threshold could even be halved. The government is in consultation with the Securities Exchange Board of India (Sebi) regarding the proposal.
Sebi did not immediately reply to ET s query.
“A proposal has come from market participants and the proposal is currently under consideration. However, a decision is yet to be taken on the size of the reduction and the precise timeline,” a regulatory source, with knowledge of the matter, told ET.
vimarsana © 2020. All Rights Reserved.