July 11, 2024: The Securities and Exchange Board of India (Sebi) has invited public feedback on proposed amendments to the master circulars for Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs). In … READ FULL STORY
April 30, 2024: Following the guidelines by the Securities and Exchange Board of India (SEBI) for Small and Medium REITs (SM-REITs), many unregistered Fractional Ownership Platforms (FOPs) for real estate assets are expected to … READ FULL STORY
The Securities Exchange Board of India (SEBI) has introduced amendments to the REIT Regulations 2014, which outlines provisions for the formation of Small and Medium Real Estate Investment Trusts (SM REITs). So, the environment … READ FULL STORY
March 11, 2024: In a move to regulate the fractional ownership industry, the Securities and Exchange Board of India (Sebi), on March 8, 2024, has issued regulations to amend the REIT Regulations 2014. These … READ FULL STORY
December 8, 2023: The Securities and Exchange Board of India (Sebi) on December 6, 2023, released the standard framework for calculation of available net distributable cash flows (NDCFs) by real estate investment trusts (REITs), … READ FULL STORY
November 10, 2023: The Securities and Exchange Board of India (Sebi) on November 8, 2023, came out with detailed procedures for dealing with unclaimed funds of investors lying with entities having listed non-convertible securities, … READ FULL STORY
Fractional ownership of real estate is becoming increasingly popular among investors as assets under management have touched Rs 4,000 crore, according to a report released by real asset management company TruBoard Partners. Several private … READ FULL STORY
June 2, 2023: The Securities and Exchange Board of India (Sebi) on June 1, 2023, announced the auction of 17 properties belonging to seven business groups on June 28 to recover investors’ money. … READ FULL STORY
Under a Supreme Court order, bondholders of two Sahara companies were asked to return money along with interest to nearly three crore investors in August 2012. In the absence of claims from bondholders, the … READ FULL STORY
The auction of these properties is in connection with recovery of allegedly illegally raised funds. In a notice issued on Friday, October 28, the SEBI said that keeping in view the interest of the … READ FULL STORY
Capital market regulator Securities & Exchange Board of India (SEBI) will auction as many as 10 properties of Bishal Group of companies on November 30 to recover money that was allegedly illegally raised by the firms from the … READ FULL STORY
Nearly three months after his company received an approval by the insolvency tribunal to complete the takeover, billionaire Ajay Piramal has completed the takeover process of embattled Dewan Housing Finance Corporation (DHFL), Piramal Group … READ FULL STORY
The Enforcement Directorate (ED), on February 3, 2020, said that it has attached three entities – Multiple Resorts Pvt Ltd, Kolkata’s St Xavier’s College and Knight Riders Sports Pvt Ltd – in connection with … READ FULL STORY
