Aug 15 2014 | Realty Zone

Views on REIT Regulation: Shishir Baijal

Shishir Baijal, Chairman & Managing Director, Knight Frank India

REITS being given a go ahead by SEBI will enhance the depth of the country’s commercial market which will offer financing as well as exit options to developers and investors. The approval couldn’t have come at a better time keeping in mind the prevailing paucity of funds coupled with an economy that is on the verge of reaching the takeoff stage.

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