APN News

SARE Home’s reaction on REITs development

Mr. Vineet Relia, Managing Director of SARE Homes

“SEBI’s decision to increase investment cap of REITs will help address the challenges faced by the real estate sector. Given the need for infrastructural advancement and the slowdown in demand in real estate sector, REITs provide an important alternative to derive capital for realty projects. The Indian real estate sector is going through a cash crunch and SEBI’s decision will help increase flow of capital in this industry. It will make REIT a viable product for investors and a fund-raising instrument for real estate players. The decision will also help in attracting small investors to become a part of the real estate growth.”

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