With an aim to make REITs more attractive to investors and real estate players, regulator Sebi on Monday proposed relaxed norms for related party transactions and allowed these Trusts to invest more in under-construction assets.
Sebi also proposed removal of restrictions on REITs (Real Estate Investment Trusts) relating to investment in special purpose vehicle (SPV) structures while norms relating to related party transactions would also be eased.
Read more: Economic Times
