<h1>CCI Approves Mindspace REIT by K. Raheja Corp for Acquisition of Equity Shares in Commercial Real Estate Projects.</h1> The Competition Commission of India (CCI) approved the establishment of Mindspace REIT by K. Raheja Corp Group, which involves acquiring equity shares from selling shareholders in several target entities. Mindspace REIT is a trust set up under the Indian Trusts Act, 1882, aimed at operating as a real estate investment trust (REIT) under the REIT Regulations. The target entities are special purpose vehicles engaged in commercial real estate, comprising 10 projects including IT parks and commercial buildings across Mumbai, Hyderabad, Pune, and Chennai. The transaction aligns with the Securities Exchange Board of India's REIT Regulations, 2014.