SEBI (Real Estate Investment Trusts) (Amendment) Regulations, 2024
Recently, Securities and Exchange Board of India (SEBI) notified SEBI (Real Estate Investment Trusts) (Amendment) Regulations, 2024.
- The Regulations provides provisions for the establishment of small and medium real-estate investment trusts, known as SM REITs or micro REITs.
About the Regulations
- As per the regulations, the minimum number of unit holders in the scheme of the SM-REIT other than the investment manager, its related parties and associates of the SM-REIT is expected to be not less than 200 investors.
- The minimum subscription size for units: 10 lakh is treated as one unit.
- The investment manager responsible for launching an SM REIT must have ....
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