Economics · Financial Markets
Regarding Real Estate Investment Trusts (REITs) in India, consider the following statements: Statement I: To qualify as a REIT in India, the entity must ensure that at least 80 percent of its investments are in rent-generating, completed properties. Statement II: REITs are allowed to invest in social infrastructure projects like hospitals and hotels, provided these assets meet SEBI guidelines and minimum ownership thresholds. Statement III: Under SEBI guidelines, 100 percent of the net distributable cash flows of the REIT must be distributed to the unit holders. Which of the statements given above are correct?
- 1I, II and III
- 2Only II and III
- 3Only I and II✓
- 4Only I
Correct answer
Only I and II
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