IRA backs RBI move allowing banks to finance REITs
Banks can now directly lend to Real Estate Investment Trusts (REITs), a significant move welcomed by the Indian REITs Association. This change, announced by the RBI Governor, promises a more stable, long-term capital source for commercial real estate, enhancing funding avenues and potentially lowering costs for income-generating properties.
Banks can now directly lend to Real Estate Investment Trusts (REITs), a significant move welcomed by the Indian REITs Association. This change, announced by the RBI Governor, promises a more stable, long-term capital source for commercial real estate, enhancing funding avenues and potentially lowering costs for income-generating properties.
