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Taxation issue makes REITs a non-starter but firms prepare groundwork

By Swet Sarika

  • 21 Nov 2014
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Taxation issue makes REITs a non-starter but firms prepare groundwork

Six years after first issuing the draft guidelines for allowing companies float Real Estate Investment Trust (REIT), capital market regulator Securities and Exchange Board of India (SEBI) recently notified the norms to open another window of fundraising for the real estate sector. However, it remains a non-starter as experts opine ......

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