REITs: Safe haven for realty investors
The introduction of real estate investment trusts (REITs) in India could be termed as the biggest move by the stock market regulator (SEBI) to serve the country's booming property market. "If you wanted to buy space in the heart of Delhi, REITs will give you an option of owning anything from a square foot to a whole building by picking up equity in the trust," Sanjay Chandra, MD, Unitech.
