 "Sebi, Securities and Exchange Board of India")
The Securities and Exchange Board of India (Sebi) has for the first time proposed to regulate online platforms offering fractional ownership in real estate, a model already popular in countries like the United States and UAE.
In a consultation paper floated on Friday, the capital markets regulator stated that such fractional ownership of real estate assets was proposed to be brought as MSM (micro, small, medium) REITs under SEBI (Real Estate Investment Trusts) Regulations.
This model allows investors to own a fraction or a small share in a real estate asset like buildings and office spaces, which could include warehouses,
