Indian real estate sector has been rapidly evolving over the last decade and half. Formerly, commercial buildings in India used to be primarily designed with small floor plates, and single buildings without much facilities. The strata in these buildings were sold to investors/occupiers, who then rented out them to clients. As there were multiple landlords, […]
REITs likely to benefit institutional and foreign investors
A favorable tax regime has been announced on Real Estate Investment Trusts (Reits) which has led realtors to cheer. Big realtors like Parsvanth, DLF and Omax are optimistic about this reform but the analysts doubt that only rich institutional investors will benefit from this. It is difficult for retail investors to benefit due to the […]