A MATTER OF TRUST

Global City

On October 10, Securities and Exchange board of India (Sebi) released consultative guidelines for the operation of REIT, five years after delivering its first draft on the subject, in 2008.

Currently, individuals either have to invest in property directly, or through closed ended funds with a minimum transaction size of Rs. 1crore. With REIT you could invest with small sums, receiving proportional returns.

Once the Real Estate Investment Trusts come into effect, individuals can invest in property funds even with small sums of money.

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Times Property: Housing for all – A distant dream?

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It is important to minimize costs for construction of low-income housing whilst balancing the amenities provided, while at the same time ensuring the safety and serviceability of the built structure during its lifecycle.

”For developers constructing in far-flung suburbs, the government must develop civic infrastructure and ensure better connectivity through roads and railways, as this will lead to an influx of people.” Said Abhishek Kapoor, CEO, Rustomjee Urbania.