Is it time for investors, developers and owners to get in on the REIT action?

While on the one hand, REIT would help developers unlock value from their leased out assets and generate much needed capital, it would also provide a much needed entry and exit vehicle for the global institutional investors looking to invest in non-residential real estate assets in India. Indian REITs will help to split the bill on real estate investments. Developers divesting through REITs can get in and out of developments quickly. Investors can also make lower-ticket investments in property through REITs. Last year saw a considerable easing up of Indian REIT regulations. It’s time for investors, developers and owners to get in on the REIT action. Noida and Greater Noida has been a preferred location for commercial real investments. The project developed by viridian RED has got some overwhelming response and leased out the first two phases of the project; it is developing the third and final phase and aims to complete it by the year 2020.