SEBI ne ab naya framework nikala hai jisse REITs aur InvITs ab GIFT City ke exchanges par foreign currency mein capital raise kar payenge. Saath hi, private InvITs ke liye cooling-off period bhi ghata kar **8 weeks** kar diya gaya hai.
Global Capital ka naya rasta
SEBI ne ek naya rule pass kiya hai jiske zariye ab REITs aur InvITs foreign currency mein depository receipts issue kar sakte hain. Ye receipts GIFT City ke India International Exchange aur NSE International Exchange par list honge. Iska seedha matlab hai ki ab global investors seedhe Indian infra aur real estate assets mein paisa daal sakenge.
Rules ka dhyan rakhein
- Unitholder Approval: Fresh issuance ke liye 75% unitholders ki manzoori zaroori hogi.
- Eligibility: Ye sirf non-residents ke liye hai. Indian residents isme invest nahi kar sakte. Saath hi, wilful defaulters aur fugitive offenders ko door rakha gaya hai.
Liquidity ke liye nayi khushkhabri
Domestic market mein jo privately listed InvITs hain, unke liye rules easy kar diye gaye hain. Pehle offer-for-sale ke liye 12 weeks ka cooling-off period hota tha, jise ab ghatakar 8 weeks kar diya gaya hai. Isse investors ke liye exit karna aur market mein liquidity maintain karna zyada simple ho jayega.
Investors ke liye kya hai catch?
Halanki ye steps positive hain, lekin GIFT City ka ecosystem abhi evolve ho raha hai aur tax implications investor ki tax residency par depend karenge. REITs aur InvITs ke performance mein interest rate aur project execution jaise fundamental risks hamesha rahenge, isliye market ab ye dekhegi ki kitna capital inflow actually mein badhta hai.