Mumbai: Sebi Market Regulator on Tuesday is allowed Real Estate Investment Trust (Reit), Infrastructure Investment Trust (Invit) and other entities made specifically in real estate space and infrastructure with less than three-year trace records to knock on the bond market.
However, it is said that the problem must go through the exchange bond trading platform and only institutional investors are allowed to participate in it.
But unregistered entities cannot tap this fundraising route.
“This will allow special purpose vehicles made for registered / registered / registered / registered / registered / registered / registered infrastructure purposes and other companies that propose to register the effect of pure debt on the basis of personal placement but who do not have a history of three years, to include their debts.
Effects issued based on personal placement.
“The bound board further changes the rules of REIT and inviting to reduce the minimum trade lot for registered problems up to RS 10,000-15,000.
It also revised the trade lot to one unit.
At present, to invit, the minimum investment size is Rs 1 lakh temporary for REIT RS 50,000 and many trades must have 100 units.
Realty, Infra Trust can use the bond market route
