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Reits: An alternative route

These products are suitable for investors with medium risk appetite, seeking to invest in real estate

Soon, real estate investors would have another investment vehicle to ride — real estate investment trusts (Reits). Though the Securities and Exchange Board of India (Sebi) had initially contemplated permission to launch the product in 2008, it finally brought out a consultative paper on the subject for public feedback on Thursday. Industry players say if all the clauses are accepted, the products are likely to qualify favourably on various parameters such as transparency, diversification, returns and liquidity. The entry barrier, at Rs 2 lakh, is even higher than the minimum ...