Net asset value for REITs: assets minus external debt divided by outstanding units determines per unit valuation. Net asset value or 'NAV' for a REIT is the per unit valuation obtained by deducting external debt from the value of REIT assets and dividing the result by the number of outstanding units as on a particular date, as specified under the SEBI REIT regulatory framework.
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Provisions expressly mentioned in the judgment/order text.
Net asset value for REITs: assets minus external debt divided by outstanding units determines per unit valuation.
Net asset value or "NAV" for a REIT is the per unit valuation obtained by deducting external debt from the value of REIT assets and dividing the result by the number of outstanding units as on a particular date, as specified under the SEBI REIT regulatory framework.
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