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India: REIT has potential to address housing challenges: Knight Frank

Posted on 28 February 2013

Amid lack of funds for investment in the real estate market and housing shortage being major areas of concern, Real Estate Investment Trust (REIT) has the potential to address these twin challenges faced by the sector, according real estate consultancy firm Knight Frank. A REIT is a company that directly owns income producing real estate assets and provides a trading mechanism to investors.
“REIT has the potential to emerge as an answer to these twin challenges of the real estate sector. One, it can address the housing shortage and second it can enable an individual to participate in real estate investment,” Knight Frank Director (Research) Samantak Das said………………………………………..Full Article: Source


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