What are Real Estate Investment Trust (REITs)? Discuss the potential benefits and challenges associated with REITs in the context of India's real estate market.
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Category: Economy (GS -III),
Test Date: 13 Aug 2024
Introduction: Begin by defining Real Estate Investment Trusts (companies that own, operate, or finance income-producing real estate)
Significance and Benefits of REITs (Investment Diversification, Liquidity, Income Generation, Potential to boost economic activity by mobilizing capital for real estate development, Infrastructure growth)
Challenges Associated with REITs (Market Volatility, Regulatory and Tax Issues, Property Management, Transparency and Governance)
Suggest Measures to Address Challenges
Conclude accordingly
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