The IFSCA has released a report of the Expert Committee on the Development of Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) in IFSC.
The Report sets out a comprehensive framework comprising regulatory reforms, inter-regulatory measures and taxation recommendations aimed at creating a commercially viable and internationally competitive REIT and InvIT regime in the IFSC.
The Committee has also recommended measures to promote innovation through products such as Mortgage REITs, while outlining an appropriate approach for Green REITs and emerging structures such as Small and Medium REITs. The Report of the Expert Committee can be accessed on the IFSCA website at this link

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