Indians have for long been fascinated with gold and real estate, two asset classes that many have unflinching faith in. So, when market regulator Sebi initiated discussions through a consultation paper aimed at regulating web-based platforms offering fractional ownership of real estate assets in May this year, it generated a lot of interest.
Fast forward to 25 November, the board of Sebi gave in-principle approval to the amendments to the SEBI Regulations 2014 for micro, small and medium (MSM) real estate investment trusts, or Reits. The final details are awaited but here is what every investor needs to know about the MSM Reits landscape.
Transaction flow
The transaction flow in a fractional ownership platform involves various stages. It starts with the FOP showcasing property details like entry yields that includes gross rental income on pre-leased properties, target IRR (internal rate of return) that encompasses rental income and property appreciation, property photos, tenant information, and growth estimates on their website.
Esta historia es de la edición December 21, 2023 de Mint Mumbai.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición December 21, 2023 de Mint Mumbai.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
Making a compelling case for first-time tablet buyers
The Apple iPad mini has been upgraded for AI features at a time when buyer interest in tablets is rising again
Soon, a digital, AI-enabled twin of St Peters
A new way to search and other AI-powered marvels in the news this week
Wearables Can Now Help Women Fight Cancer
Wearable devices are the next big leap in the prevention and treatment of breast cancer through early detection and monitoring
AI adoption by law firms may result in a talent crunch
An AI takeover of entry-level work would mean fewer lawyers trained to do what AI cannot
Monetary policy must account for climate risks as well
To begin with, the trade-off between inflation and growth will get much harder to manage
Trump is stuck with the Fed's Powell. He should make peace
The US president-elect's best bet is to let the central bank do its job
Gig worker social security: India should aim for a perfect balance
Gig workers would get an optimal mix of flexibility and protection if India's 2020 social-security code is implemented well
Will routine investors in Indian stocks keep calm and carry on?
It's unclear how long equities can count on SIP-mutual-fund support if prices continue to weaken
Let corporate earnings lead the Indian market
How much further will our investor-population boom go? While retail demand for shares might have space for growth, let's not forget these assets are only as good as their earnings
BUCKET STRATEGY: A ROAD MAP TO FUND YOUR SUNSET YEARS
Circumstances change, so your strategy should adapt to align with risks and financial goals
