India's Small and Medium Real Estate Investment Trusts (SM REITs) market is booming, projected to reach $60 billion by 2026. Key cities like Mumbai and Delhi are driving growth, offering stable returns and attracting investors.
SEBI amends REIT regulations to allow Small and Medium REITs (SM REITs) with a minimum asset value of Rs 50 crore, expanding market access for retail investors.
Life insurance giants like LIC, HDFC Life, ICICI Life, and SBI Life are set to boost infrastructure investment via InvITs and REITs, following IRDAI's approval.
India's Finance Ministry is finalizing rules for a new Infrastructure Trust Fund to accelerate investment in power, ports, and aviation projects, aiming to attract domestic and foreign investors.
Knight Frank reports India faces severe housing shortages, exacerbated by funding issues in construction. Real Estate Investment Trusts (REITs) offer a viable solution.
Unitech scraps $600M REIT listing in Singapore, shifts focus to private equity funding for real estate projects.
Old Mutual plans to significantly ramp up investments in Indian real estate, launching four new $1 billion funds by 2015, aiming to become a leading retail developer and asset manager.
Unitech, Indiabulls, and DLF postpone REIT listings on SGX due to market conditions, opting for private placements and domestic funding.
Citigroup, Merrill Lynch, and DE Shaw are set to invest $500 million in DLF Assets' REIT, which will now be a private trust following a change in plans due to market conditions.
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.