With an aim to make REITs more attractive to investors , markets regulator Sebi plans to relax its norms to allow these Trusts to invest more in under- construction assets and have a larger number of sponsors. The Securities and Exchange Board of India (Sebi) had put in place its regulations for Real Estate Investment Trusts (REITs) in September 2014, but these Trusts have not generated enough interest among investors and industry players who have been seeking further measures to make them attractive.
Read more: Economic Times
