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Sebi paves the way for Reits in India

Business Standard 

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Five years after it withdrew a proposal to allow real estate mutual funds, capital regulator Securities and Exchange Board of India recently issued draft regulations for setting up real estate investment trusts (Reits) in the country. We take a look at the new norms and how they could encourage formation of reits in the country

First Published: Wed, October 16 2013. 22:28 IST