SEBI Mandates Enhanced Investor Protection and Transparency for Real Estate Investment Trusts with Comprehensive Disclosure Rules

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....SEBI issued a comprehensive Investor Charter for Real Estate Investment Trusts (REITs) to enhance investor protection, transparency, and financial literacy. The circular mandates REITs to disclose detailed investor grievance data, establish clear service timelines, and implement a robust complaint redressal mechanism. Key provisions include standardized disclosure requirements, timely distribution of reports and proceeds, and a structured grievance resolution process through SCORES platform. REITs must display complaint data on their websites within 21 days of each quarter's end, ensuring comprehensive investor communication and accountability.....