JAIIB · IEIFS

Real Estate Investment & Infrastructure Trust

Chapter notes, video classes, MCQ practice tests and quick-revision one-liners for Indian Economy and Indian Financial System — JAIIB.

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One-liners from this chapter

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Q

What is a Real Estate Investment Trust (REIT) in India?

A

A REIT is a trust registered with SEBI that pools funds from investors to invest primarily in income-generating real estate assets such as commercial properties, offices, and malls.

Q

What is the minimum net worth required for a REIT sponsor in India?

A

Rs 100 crore net worth is required for a REIT sponsor.

Q

Which regulatory body governs REITs and InvITs in India?

A

SEBI (Securities and Exchange Board of India) regulates both REITs and InvITs under its respective regulations issued in 2014 and subsequently amended.

Q

What is the minimum lot size for trading REIT units on stock exchanges in India?

A

Minimum trading lot is one unit after listing.

Q

What is the full form of InvIT?

A

InvIT stands for Infrastructure Investment Trust, a vehicle that pools investor capital to invest in infrastructure projects such as roads, power transmission lines, and pipelines.

Q

What is the minimum size of assets under management for a publicly offered REIT in India?

A

Minimum asset size is Rs 500 crore for a public REIT.

Q

What minimum percentage of REIT assets must be invested in completed and rent-generating properties?

A

At least 80% of the REIT's assets must be invested in completed and revenue-generating properties, ensuring stable income for unitholders.

Q

How many parties form the basic structure of a REIT in India?

A

Three parties: Sponsor, Trustee, and Investment Manager.

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