The SEBI (Real Estate Investment Trusts) (Amendment) ...
SEBI Revamps REIT Regulations: Stronger Governance, Enhanced Transparency, and Expanded Investment Scope for 2025
April 26, 2025
Notifications SEBI
The SEBI (Real Estate Investment Trusts) (Amendment) Regulations, 2025 introduces comprehensive amendments to the existing REIT regulations, focusing on enhancing governance, disclosure, and operational transparency. Key modifications include: Key Amendments: - Expanded definition of "common infrastructure" - Enhanced trustee responsibilities with detailed oversight mechanisms - New investment conditions for REITs, including provisions for infrastructure assets - Stricter disclosure requirements in Key Information Statement (KIS) and Key Information Trust (KIT) - Modifications in unit transfer, leverage, and investment strategies - Comprehensive guidelines for Small and Medium (SM) REIT schemes Procedural Changes: - Introduced detailed regulatory compliance mechanisms - Specified new reporting and documentation requirements - Established more rigorous asset management and valuation protocols Effective Date: The regulations come into force upon publication in the Official Gazette, with certain provisions having specific implementation timelines.
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