Anant Pandit, CEO, Apex Multicons
REIT currently looks at only commercial projects and I would have appreciated if residential space could have also benefited from REIT, where there are consistent returns for investors. REITS will help to mobilize funds in real estate industry and probably infuse the much required confidence in the space but time will show how it evolves with respect to this new investment platform. We are also waiting for more detailed information regarding the functioning of REIT in India. The common man I believe needs to wait for a new investment platform to invest.
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