The finance ministry has dismissed RBI's concerns about real estate mutual funds (REMFs) violating FDI norms, potentially opening new investment avenues in the real estate sector for small investors.
The launch of Real Estate Mutual Funds (REMFs) is stalled due to tax regulations, with SEBI and the finance ministry working on clarifying their status.
Sebi's real estate mutual fund guidelines create uncertainty around taxation, valuation, and market entry for developers and fund houses.
Sebi's draft guidelines for real estate mutual funds bring joy to the industry, offering diversification and low correlation with equity and bonds.
SEBI allows real estate mutual funds to invest in properties across 35 million-plus cities and urban agglomerations.
SEBI allows Real Estate Mutual Funds to provide funding relief for Indian real estate sector amid credit challenges