REIT deferral

In October 2013, SEBI released an advisory memorandum for introducing REITs in India and left the suggestion in the public domain for discussion. Within no time, we saw the stalwarts of the industry debating on the television screens inundating the target audience with hefty arguments and viewpoints. However, this debate actually never reached a conclusion, […]

The Real Estate Investment Trust (REIT), which was expected to be rolled out in 2013, has been deferred by the Securities & Exchange Board of India (SEBI) despite the final draft guidelines already being prepared for the same. This decision was taken after some members of the board sought a clarification on tax benefits. This […]