Sebi's REIT listing plan to boost developer growth, attract foreign funds: Credai
Unitech, India's second-biggest real estate developer, is in talks with private equity funds for $560 million investments and restructuring loans to cut debt.
Experts predict 2009 to be a year of rebuilding confidence for investors, with opportunities in gold, debt, and select equities. Lower interest rates and multi-year lows for blue chips create long-term investment prospects.
Sebi's approval for mutual funds to invest in real estate opens doors for retail investors, promoting transparency and liquidity in the sector despite some restrictions.
India plans to introduce REITs with a tax structure similar to equity mutual funds, aiming to boost real estate investment and offer income opportunities to small investors.