Current Affairs · Financial Regulations
Consider the regulatory framework governing Real Estate Investment Trusts (REITs) in India as prescribed by SEBI: 1. A REIT must invest at least 80% of the value of its assets in completed and revenue-generating properties. 2. At least 90% of the net distributable cash flows (NDCF) of a REIT must be distributed to unit-holders at least twice a year. 3. A REIT is permitted to invest in under-construction properties, subject to a cap of 20% of the value of its assets. 4. The minimum subscription amount for a REIT Initial Public Offer has been reduced to ₹10,000 to enhance retail participation. Select the correct option:
- 11, 3 and 4 only
- 21, 2 and 3 only✓
- 32 and 4 only
- 41 and 3 only
Correct answer
1, 2 and 3 only
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