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.
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.
The Supreme Court of India mandates Sahara Group to transfer property deeds worth Rs 20,000 to SEBI, amid ongoing disputes regarding refunds to investors.
Essel Financial Services Ltd's private equity wing is set to launch a Rs.1000 Cr real estate fund focusing on residential projects across top cities in India.
JLL to invest Rs. 30 crore in two Bangalore luxury housing projects from its Rs. 300 crore India-focused real estate fund, capitalizing on the city's stable residential market.
SEBI has frozen the assets and bank accounts of Sahara group firms, affecting key real estate projects including Aamby Valley due to compliance failures with a Supreme Court order.
The Supreme Court dismissed Sahara's appeal to review the order to refund ₹25,000 Cr to investors. The court found no valid reasons to reconsider its verdict.
The Supreme Court granted Sahara Real Estate Firms an extension to pay their fine, directing SEBI to accept the application. The firms were initially ordered to refund money collected through debentures to 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.