Debt access framework amendment for REITs, InvITs to boost real estate

The government on Monday said debt financing of emerging investment vehicles – REITs and InvITs – will be enabled by making a suitable amendment in order to attract more investment in the real estate as well as infrastructure sectors. REITs (real estate investment trusts) and InvITs (infrastructure investment trusts) are relatively new investment instruments in the Indian context but are extremely popular in global markets. Full story

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