(NAREDCO), an apex body formed under the aegis of Ministry of Housing & Urban Affairs, in a letter to Economic Affairs Secretary Atanu Chakraborty, has recommended that continuation of dividend exemption in the hands of the unit holders will help in de-stressing the banking system.
Investors can explore options such as warehousing, co-working spaces and even co-living.
Challenges in the economy are changing the manner in which PE capital is deployed
Embassy Office Parks REIT, a joint venture between global investment firm Blackstone and realty firm Embassy Group, had raised Rs 4,750 cr in April this year through the launch of India's first Real Estate Investment Trust.
Fund managers have infused Rs 451 crore in real estate investment trusts (REITs) and Rs 8,528 crore in infrastructure investment trusts (InvITs), according to the SEBI.
REIT-able office stock in the country to garner $35 bn of investments in near term
Currently, the top seven cities have close to 550 mn sq ft Grade A office supply - of which 310-320 mn sq ft is REITable as of now, the report said.
During the meeting, the regulator found that "the participants were keen on emerging areas such as REITs (real estate investment trusts) and InvITs, (infrastructure investment trusts) which have more than $10 billion asset size as on today".
The company hopes to raise investment worth $30 million for expansion. Going forward, 10 to 15 percent of its new supply would be located in malls, warehouses and institutions.
Modi's win expected to double institutional investments in real estate to 10 billion dollars in 2019
Going forward, the outlook for the commercial sector is positive, with REITs being the game changer
ANAROCK data suggests that 2014 (the year of the last general elections) saw the maximum launches and absorption across the top 7 cities.
At 33 percent share of REITable space, Bengaluru will provide the highest REITable assets totaling 97.8 mn sq ft.
At the city-level, Mumbai continued to be the most-preferred destination for overall PE investments, seeing nearly 38 percent of the total capital inflows in 2018
Over 30 countries across the world now issue REITs.
If you are a small investor and have Rs 2 lakh at your disposal, you may now wish to consider investing in REITs
The issue will open on March 18 in the price band of Rs 299 to Rs 300 and close on March 20
India's increasing demand for housing presents foreign developers with the opportunity of penetrating domestic markets through partnerships with local brands.
In September 2018, Embassy Office Parks, a joint venture of US-based equity firm Blackstone Group and Embassy Group (an Indian real estate company) filed an offer document with SEBI for INR 5,000-crore REIT issue.
The Indian real estate market is expected to see shift in investment pattern - from capital appreciation to rental income yielding assets
Market regulator Sebi had notified REITs regulations in 2014, allowing setting up and listing of such trusts which are very popular in some advanced markets.
Commercial office segment dominates, private equity players continue to acquire income yielding Grade A commercial assets to ramp up their REIT ready portfolios: Colliers Research
The housing sector’s contribution to the Indian GDP is expected to almost double to more than 11 per cent by 2020 up from an estimated 5 per cent to 6 per cent.
RBI notified that banks investing in such firms must have a minimum regulatory capital.
A proposal to amend REITs (Real Estate Investment Trusts) and InvITs (Infrastructure Investment Trusts) would be placed before Sebi's board tomorrow in order to facilitate growth of such trusts, an official said.