https://www.taxtmi.com/news?id=14452 Introduction of Real Estate Investment Trusts (REITs) as eligible under the Foreign Exchange Management Act (FEMA) allows SEBI-registered REITs to accept foreign investment into completed, rent-yielding real estate projects previously prohibited by FEMA, thereby enabling these structures to mobilize long-term foreign and domestic finance, including from non-resident investors, and to provide an alternate equity funding route that reduces reliance on bank financing. en-us Thu, 07 May 2015 18:27:19 +0530 Thu, 07 May 2015 18:27:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=14452 Introduction of Real Estate Investment Trusts (REITs) as eligible under the Foreign Exchange Management Act (FEMA) allows SEBI-registered REITs to accept foreign investment into completed, rent-yielding real estate projects previously prohibited by FEMA, thereby enabling these structures to mobilize long-term foreign and domestic finance, including from non-resident investors, and to provide an alternate equity funding route that reduces reliance on bank financing. News - Thu, 07 May 2015 18:27:19 +0530 https://www.taxtmi.com/news?id=14452