Real estate investment trusts
What NRIs Can Now Expect From The Indian Realty Market?
The annual budget announced by the finance minister last month was not only being followed by millions of Indians but in equal numbers by non-resident Indians. NRIs have always made a major contribution to the Indian economy especially in the real estate sector. Realty companies and developers also understand the NRI interest in the domestic […]
Budget 2015: Capital gains regime for REITs
Investment Trusts such as REITs and InvITs will benefit with the recent announcement in the budget. This Budget has spelt good news for REITs by rationalising the capital gains regime for the sponsors while exiting the investment trust. Moreover, the rental income which is being generated through the assets owned by REITs and InvITs are […]
