SEBI will auction properties of Ravi Kiran Realty and GSHP Realtech on April 16, 2021, to recover investor money. The properties are located in West Bengal.
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.
Fractional ownership is democratizing access to high-value commercial real estate for retail investors in India, with market growth projected to reach USD 8.9 billion by 2025.
NAREDCO and Kedia Corporate Advisors presented a webinar on Small and Medium REITs after SEBI's regulatory changes. Discussions covered benefits, regulations, and market impact.
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.
The fractional ownership market in India is rapidly evolving, driven by growing demand for shared luxury real estate investments, including second homes and commercial properties.
Sebi will auction a Kerala Housing Finance property to recover dues. The auction of the Thiruvananthapuram apartment, with a base price of Rs 55 lakh, is scheduled for June 4.
SEBI has levied a ₹40 lakh penalty on Shri Ram Real Estate & Business Solutions and six individuals for illicitly raising ₹40,000 via collective investment schemes.
Sahara chief Subrata Roy seeks court approval to deposit property deeds with nationalized bank amid ongoing dispute with SEBI.
Final guidelines for Real Estate Investment Trusts (REITs) are expected soon, aiming to provide the real estate sector with long-term funding and boost investment opportunities.
Sahara Group will submit new property title deeds worth Rs 20,000 crore to SEBI after being restricted by the Supreme Court from selling assets. The case involves refunding investors.
Omaxe promoters raised Rs 250 crore via Offer for Sale (OFS) to boost growth and meet SEBI's public shareholding norms. The company also announced a bonus share issue.
Omaxe Ltd reports strong sales growth for the first half of the fiscal year, with a 26% increase in property sales. The firm attributes its success to higher average realization rates.
Supreme Court restricts Sahara's Subrata Roy from flying abroad and selling properties, citing undervalued assets in OFCD refund case.
SEBI restricts Servehit Housing & Infrastructure from raising public funds over illegal real estate schemes, orders asset disclosure, and bars new scheme launches.
The Supreme Court of India will review Sahara Group's petition regarding restrictions on CEO Subrata Roy, who is barred from leaving the country until property deeds are submitted.
The Securities and Exchange Board of India (Sebi) is considering incentives to attract investors into Real Estate Investment Trusts (REITs).
Sahara Group approached the Supreme Court of India, asserting an error in the order restricting Subrata Roy from leaving the country until property deeds are given to SEBI.
The Supreme Court of India has denied Sahara Chief Subrata Roy's request to leave the country amid a review petition regarding travel restrictions.
SEBI has cautioned investors against dubious collective investment schemes (CIS), particularly those run by MPS Greenery Developers and Rose Valley Real Estate and Construction.
The Supreme Court has halted proceedings regarding Sahara firms' pleas as it reviews SEBI's request, transferring all related cases to itself.
Despite facing regulatory challenges, Sahara Group has purchased approximately 25 acres of land in Whitefield, Bangalore for ₹149 crore, with plans for commercial or hotel development.
SEBI files petition with Supreme Court to hear all cases against Sahara firms and its chief, seeking to transfer cases from other courts and prevent further entertaining of applications by the firms.
Govt to Probe 18 Realty Firms for Alleged Forgeries & Dubious Schemes
SC asks Sahara firms & Subrata Roy to reply to SEBI's contempt petition within a week, regarding non-repayment of ₹24,000 Cr to investors.