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<h1>SEBI can ease REIT regulations for investor benefit or market interest under specific conditions, per amended provisions.</h1> The Securities and Exchange Board of India (SEBI) has the authority to relax strict enforcement of regulations concerning Real Estate Investment Trusts (REITs) when it benefits investors or the securities market. This flexibility applies if the requirement is procedural, causes undue hardship, is irrelevant for specific industries, results from factors beyond the issuer's control, or when it aligns with market interests. Additionally, precedence is given if a provision of the governing Acts, Rules, or Regulations necessitates it. These provisions were amended in 2016 and 2017 to enhance regulatory adaptability.