Ease REIT Rules
Rising pre-commitment in commercial real estate is notable indeed, as it suggests growing expectation of increased business activity going forward. In parallel, it would make sense to tweak the investment norms in Real Estate Investment Trusts (REIT), so as to purposefully widen subscription and ownership in such investment vehicles. The guidelines requiring minimum subscription of .₹ 2 lakh in REIT may need to be reviewed. It would also be sensible to have guidelines in place for stock market listing of REITs. It should then be possible to further widen investment in REIT, and at far lower capital requirement.