Rudrabhishek Enterprises Ltd Gets SEBI Nod for Small and Medium REIT
Infrastructure consultancy Rudrabhishek Enterprises Ltd (REPL) has received approval from markets regulator Securities and Exchange Board of India to register a small and medium real estate investment trust (SM REIT)
ReitSm ReitRudrabhishek Enterprises LtdSebiReal EstateReal EstateSep 26, 2024
The new SM REIT, under the name ImpactR SM REIT, will have REPL as its investment manager. The consultancy is listed on the small and medium-scale enterprises platform on the National Stock Exchange.
Frequently Asked Questions
What is a Small and Medium REIT (SM REIT)?
A Small and Medium REIT (SM REIT) is a type of Real Estate Investment Trust (REIT) that allows individual investors to invest in smaller commercial or residential properties.
What is the potential market size of SM REITs in India?
The potential market size of SM REITs in India is expected to exceed $60 billion by 2026, according to a recent report of property consultancy CBRE.
What is fractional ownership?
Fractional ownership permits individual investors to co-own commercial or residential assets as an alternative investment.
Who is the investment manager of ImpactR SM REIT?
Rudrabhishek Enterprises Ltd (REPL) is the investment manager of ImpactR SM REIT.
What is the name of the first fractional ownership platform to receive a license from SEBI?
Property Share was the first fractional ownership platform to receive a license from SEBI under the name of Property Share Investment Trust.
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