The government has relaxed the FDI norms in single-brand retail and expanded the definition of mandatory 30% domestic sourcing norms.
Once REITs become an on-ground reality, the market must remain vigilant. There could be a major issue for Indian REITs if the supply of investment-grade office spaces does not keep pace with demand.
REITs are good news for investors who have a small appetite - as small as Rs 2 lakh - and yet want to invest in the otherwise highly cost-intensive commercial real estate market.
A well-meditated play in distressed property can reap rich benefits, while an inadequately researched acquisition can result in a severe financial setback and even legal complications.