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REIT firms plan to form an association

Dated on: Wednesday 28th June 2023

Real Estate Investment Trust (REIT) companies in India are engaged in discussions regarding the establishment of an association that would serve as a representative body for the industry and foster the growth of this nascent product. Drawing inspiration from the Association of Mutual Funds in India (AMFI), the proposed association aims to provide a unified platform for the REIT sector. Currently, India has only four REIT entities that are listed in the market.