03.10.2008 - REITs, REMFs make realty dream a reality
From Indiatimes.com: At the time when the global capital market is going through a crunch, real estate trusts and real estate mutual funds (REITs/ REMFs) could be the answer to the need for uninterrupted cash flow in real estate development, while offering an opportunity to own property. In USA, UK, Europe, Canada, Japan, Hong Kong, Singapore, REITs and REMFs are the way to invest in real estate. In India too people are looking forward to these products for investments. More so as these offer benefits of owning and liquefying properties. Humongous amounts of money are required for development..... Full Article: Source
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