14.10.2011 - India: Experts seek clarity on real estate fund, SPV investments

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

Print