
As per the submission, SEBI said that the Nodal Agencies awarding the RE project are public sector undertakings and the project awardee is a SPV under the InviT (a private entity)

REITs and InvITs pool income-generating assets and distribute most cash flows to investors, attracting institutions and retail investors seeking predictable yields. Despite yield-plays not being insulated from market sentiment, issuers in the segment have con…