REPL receives SEBI approval for ImpactR SM-REIT, making it the second SM REIT in India. This milestone marks a significant step towards transforming real estate investments for smaller investors.
ReplSm ReitSebiReal Estate InvestmentImpactr Sm ReitReal Estate NewsSep 27, 2024
SM REIT stands for Small and Medium Real Estate Investment Trusts, a type of investment vehicle that allows individuals to invest in real estate assets.
REPL's approval for ImpactR SM REIT marks a significant milestone in the company's history, making it the second SM REIT in India to receive this registration.
The potential market size for SM REITs in India is over 300 million square feet of commercial office space, with the asset types to be covered under SM REITs spreading beyond commercial office space.
The SM REITs market is expected to exceed 4.98 lakh crores by 2026, according to industry reports.
SM REITs offer structured and transparent investment opportunities, making real estate accessible to a broader base of investors, and providing benefits such as liquidity, entry barrier, transactional costs, and portfolio diversification.
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The Maharashtra Real Estate Regulatory Authority (MahaRERA) has taken stringent measures against non-compliant developers, issuing show-cause notices and imposing heavy penalties to ensure adherence to regulatory norms.
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