moneycontrol.com-Strata receives SEBI nod to launch small and medium REITs, plans to launch six schemes in FY26
Real estate fractional ownership platform Strata has announced that it has received a licence from the Securities and Exchange Board of India (SEBI) to launch small and medium-scale real estate investment trusts (SM REITs).
This is the fourth such licence granted by the capital market regulator, after Property Share, REPL, and Emberstone, of which Property Share has listed its first scheme- Propshare Platina.
According to existing regulations, assets valued between Rs 50 crore to Rs 500 crore can be housed under SM REITs, with each investment opportunity being floated as a separate scheme. Unlike regular REITs, SM REITs are not allowed to invest in under-construction property.
