http://indiainvestmentproperty.com/real-estate-news/sebi-issued-guidelines-for-mf-real-estate-schemes/ Real Estate Investment in India Sat, 05 Nov 2011 09:43:19 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://indiainvestmentproperty.com/real-estate-news/sebi-issued-guidelines-for-mf-real-estate-schemes/comment-page-1/#comment-402 Vikas Bamotra Thu, 05 Jun 2008 09:06:45 +0000 http://indiainvestmentproperty.com/real-estate-news/sebi-issued-guidelines-for-mf-real-estate-schemes/#comment-402 The news firms/companies, willing to jump in the MFs sectors only for launching REMFs will have to prove their five-year experience of carrying on the business in real estate sector before SEBI, as stated in the released guidelines. Moreover, the sponsors will have to fulfill all other eligibility criteria for being entitled. The news firms/companies, willing to jump in the MFs sectors only for launching REMFs will have to prove their five-year experience of carrying on the business in real estate sector before SEBI, as stated in the released guidelines. Moreover, the sponsors will have to fulfill all other eligibility criteria for being entitled.

]]> http://indiainvestmentproperty.com/real-estate-news/sebi-issued-guidelines-for-mf-real-estate-schemes/comment-page-1/#comment-401 riathareja Tue, 03 Jun 2008 11:04:47 +0000 http://indiainvestmentproperty.com/real-estate-news/sebi-issued-guidelines-for-mf-real-estate-schemes/#comment-401 The Indian real estate sector is set to get a breather from the market regulator SEBI's move to allow Real Estate Mutual Funds. Real Estate Mutual Fund Scheme means a scheme of a mutual fund which has investment objective to invest directly or indirectly in real estate property and shall be governed by the provisions and guidelines under SEBI (Mutual Funds) regulations. The SEBI added that the schemes will have to be close-ended with its units listed on a recognised stock exchange wherein the net asset value (NAV) will be declared daily. Real Estate Mutual Funds (REMFs) have a useful purpose and a role which until recently was missing in the real estate ecosystem. REMFs should help ease the situation and compensate to some degree the relative absence of public equity and challenging debt markets..At present, not much equity funding is available to projects below 50 thousand square metres of built up area or 25 acres and there is hardly any domestic secondary market for stabilised income yielding assets.Mr. Mayani added, “Besides, with foreign money not permissible in fully built up commercial, residential and retail assets, this is a good vacant space for REMFs.REMFs would buy fully built assets and it should help unlock capital for developers. Also, with 15% allocations, which REMFs would have towards under-construction assets, some additional equity should also be available for non-FDI compliant projects. Introduction of REMFs is certainly timely and well intended REMFs would help in creation of an alternative investment portfolio for small investors or households who do not have the technical ability and the means to directly invest in the sector, catalysing a sophisticated and liquid market for mortgage backed securities and mobilisation of retail funds for assets through a regulated institutional route.For more view- realtydigest.blogspot.com The Indian real estate sector is set to get a breather from the market regulator SEBI’s move to allow Real Estate Mutual Funds. Real Estate Mutual Fund Scheme means a scheme of a mutual fund which has investment objective to invest directly or indirectly in real estate property and shall be governed by the provisions and guidelines under SEBI (Mutual Funds) regulations. The SEBI added that the schemes will have to be close-ended with its units listed on a recognised stock exchange wherein the net asset value (NAV) will be declared daily. Real Estate Mutual Funds (REMFs) have a useful purpose and a role which until recently was missing in the real estate ecosystem. REMFs should help ease the situation and compensate to some degree the relative absence of public equity and challenging debt markets..At present, not much equity funding is available to projects below 50 thousand square metres of built up area or 25 acres and there is hardly any domestic secondary market for stabilised income yielding assets.Mr. Mayani added, “Besides, with foreign money not permissible in fully built up commercial, residential and retail assets, this is a good vacant space for REMFs.REMFs would buy fully built assets and it should help unlock capital for developers. Also, with 15% allocations, which REMFs would have towards under-construction assets, some additional equity should also be available for non-FDI compliant projects. Introduction of REMFs is certainly timely and well intended REMFs would help in creation of an alternative investment portfolio for small investors or households who do not have the technical ability and the means to directly invest in the sector, catalysing a sophisticated and liquid market for mortgage backed securities and mobilisation of retail funds for assets through a regulated institutional route.For more view- realtydigest.blogspot.com

]]> http://indiainvestmentproperty.com/real-estate-news/sebi-issued-guidelines-for-mf-real-estate-schemes/comment-page-1/#comment-400 Pune Builders Fri, 23 May 2008 12:13:59 +0000 http://indiainvestmentproperty.com/real-estate-news/sebi-issued-guidelines-for-mf-real-estate-schemes/#comment-400 According to sources, the new real estate fund has the potential to ensure fair to excellent return on investments. According to sources, the new real estate fund has the potential to ensure fair to excellent return on investments.

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