The company will sell a part of its operational road assets through an InvIT

The announcements made by Finance Minister Nirmala Sitharaman will help spur further growth in the real estate sector given that we are already in a low interest and easy liquidity regime. By KRISH RAVESHIA

Across the world, some of the largest REITs own property types such as telecommunication infrastructure, industrial, data centres, retail malls, healthcare facilities, commercial offices, residential projects and several other assets. In comparison, it was only 17 per cent as of August 2019 in India.

India’s first listed REIT, Embassy Office Parks has committed itself to reduce the impact of the COVID-19 pandemic since its outbreak.

The ancient Chinese curse, 'May you live in interesting times,' certainly has a lot of pertinence to the Indian real estate today. These are doubtlessly the interesting times for the sector, which has transformed significantly over the last decade.

Until recently, we used to talk about the cost of funds being too high and, as you are aware, some infrastructure projects have a long gestation period. There is a period of construction and then there are cost overruns and delays.

We have a lot of positive expectations from the upcoming Budget 2016-17. My thoughts are focussed on three major points - transparency on GST, encouraging the Real Estate Regulation Act (RERA), and REIT.

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 players’ interest in the infra and real estate space, according to a report.

India will need $1.5 trillion of investment in infrastructure over the next 10 years. Of this nearly $10 billion is required in sewage treatment plants. Similarly, about $8 billion is required to be invested in ensuring regular drinking water supply.