Real estate investment trusts (REITs) and infrastructure investment trusts (InvITs) can help raise close to Rs 50,000 crore in the near-term, given certain playersÂ’ interest in the infra and real estate space, according to a report.
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Giving impetus to urban infrastructure
This article sheds light on the implications of the applicability of the Minimum Alternate Tax (MAT) regime to the REITs (and the exemption there from) in the context of boosting affordable urban infrastructure.
Budget gives boost to real estate
The Budget proposes low-cost housing for young citizens with Rs 4,000 crore; allocation of Rs 4,000 crore for affordable housing via National Housing Bank and housing for all by 2022, which will create a favourable environment that will boost affordable housing in the country.