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Sebi Plans to Broaden Liquid MF Investments for REITs, InvITs

NEW DELHI: On Thursday, the market regulator Sebi proposed to broaden the investment scope for liquid mutual fund schemes by Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs), as the current eligibility criteria limit their investment choices. At present, these investments are confined to liquid schemes that have a high credit risk value and are highly classified in terms of risk. Sebi’s proposals aim to simplify business operations for REITs and InvITs, offering enhanced investment flexibility while maintaining necessary prudential safeguards. In its consultation paper, Sebi has also suggested that InvITs should be allowed to retain investments in…

Latest StoriesResidential

Delhi Residents Leave Signature View Apartments as Deadline Passes

NEW DELHI: Several residents of Signature View Apartments vacated the premises on Sunday, the final day of the court-mandated deadline. The Resident Welfare Association (RWA) of Signature View in Mukherjee Nagar stated that with the deadline passed, residents must leave the buildings. “As the MCD has previously indicated that water and power services will be cut off after October 12, many residents are departing today. We will have the final count by tonight,” said RWA president Amrendra Singh Rakesh in a statement to PTI. Located in North Delhi’s Mukherjee Nagar, the housing complex was constructed between 2007 and 2009 and…