Home Economy ‘₹3.5-lakh cr. assets may get monetised’

‘₹3.5-lakh cr. assets may get monetised’

6
0


Infrastructure Investment Trust (InvIT) and Real Estate Investment Trust (REIT) constructions are anticipated to see a wholesome traction within the close to to medium time period, supported by the monitor report of entities which have already floated such constructions, ICRA stated.

In the final two years, the InvIT house noticed monetisation of property value ₹853 billion, it stated in a report.

“In the real estate space, assets worth over ₹1 trillion are likely to be listed in the near to medium term,” stated Shubham Jain, group head and senior VP, company scores, ICRA.

“Infrastructure assets worth over ₹2.5 trillion are expected to be monetised through InvIT in the next one year,” he added.



Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here