The land bank is shrinking. And, so are opportunities for owning prime real estate. That’s why many Indian investors want to purchase a second house and even a third. And, there is good demand for commercial real estate as well—office buildings or malls. Wish you had invested in one such building in your neighbourhood. But that is prohibitive in terms of costs. That would not be possible without forking out several hundred crores of rupees. The answer to this has been Reits (Real estate investment trusts). However, there have only three listed Reits so far. There will be more soon, opening up opportunities for the ever-hungry investor.
A new discussion paper released by market regulator Sebi envisages the creation of ‘Medium, Small and Micro’, or MSM, Reits which will enable you to invest in such properties with a minimum investment amount of ₹10 lakh. This can be a game-changer for the sector. While the Reits listed thus far had a minimum asset size of ₹500 crore, the new MSM Reits will have a minimum ticket size of just ₹25 crore. It will allow unregulated players in fractional real estate to come under the Reit umbrella.
この記事は Mint Mumbai の May 15, 2023 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です ? サインイン
この記事は Mint Mumbai の May 15, 2023 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
Hypersonic weapons in the age of A!: Be careful
Indias hypersonic missile marks a leap and updates its nuclear deterrence. But dangers lurk in the global race for these speedy and sneaky weapons, wit/z AI -use posing new risks
How to make Elon Musk's budget-slashing dreams come true
Any serious fiscal policies must go through Congress. That may end up being the key test of DOGE and Trump
BOREDOM: THE INVISIBLE CAUSE OF RISING ATTRITION
They deliver on the job, but many employees are just going through the motions with one eye on the exits
Viksit Bharat needs big plans and coordinated action
Let's transform manufacturing and agriculture, decarbonize the economy and unleash growth led by women
Indonesia will need to tread a fine line after T rump's return
Jez/farms relations with China mustn,t send out the wrong signals
What if Donald Trump keeps his promises on economic policy?
The 2024 US election is one of those rare instances where there is palpable fem that the winner will actually follow through
The Indian state is still to fully unshackle our economy
Economic success needs the state to function as an enlightened referee and be less statist
Let's tackle the harsh realities of mental health at the workplace
Ensure an inclusive work environment with policies of reasonable accommodation and support
How working abroad gives young Indians a wealth edge back home
Working overseas gives them the advantage to earn in stronger currencies and benefit from exchange rates
FALLING MARKETS ARE JUST WHAT YOU NEED: HERE'S WHY
For some of you, a market downturn may be an ideal time for a complete financial reset
