You are here

India needs to change tax rules to make Reits attractive


THE Indian government has announced rules for setting up real estate investment trusts, vehicles that may spur US$20 billion of property development. None of the money will be spent unless the country's tax code is revised.

"Reits cannot take off in India until changes are

Market voices on:


Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at

Powered by GET.comGetCom