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India: Experts seek clarity on real estate fund, SPV investments

Posted on 14 October 2011

To avoid potential ambiguities, experts have suggested that investment in fully built properties be incorporated in the definition of a real estate fund.
In a report compiled by PwC incorporating the suggestions of financial experts, SEBI has been requested to clarify the difference between a real estate project and special purpose vehicles (SPVs) undertaking a real estate project……………………………………….Full Article: Source


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