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Strata plans to raise Rs 20 billion in FY25 under SM REITs
Real Estate

Strata plans to raise Rs 20 billion in FY25 under SM REITs

A platform for investing in commercial real estate (CRE), Strata has submitted an application for a license to operate as a small and medium REIT (SM REIT) in accordance with the most recent guidelines released by the Securities and Exchange Board of India (SEBI). In addition, the business plans to start moving its qualifying assets to SM REITs in order to reach its goal of having Rs 20 billion in total assets under management (AUM) by the end of FY25. The inclusion of SM REITs in the fractional ownership model (FOP) for all assets valued at much above Rs. 0.50 billion was announced by SEBI in 2023. In early 2024, the regulator also published a comprehensive framework. This rule has increased the amount of assets that can be invested under fractional ownership, including very large assets that were previously unfeasible because of legal constraints. Sudarshan Lodha, the co-founder and CEO of the company, stated that their focus this year is to integrate eligible assets into SM REITs. The company claims to have over Rs 18 billion in transactions and an AUM (Assets Under Management) of over 4 million sq ft across Mumbai, Bengaluru, Pune, Hosur, Hyderabad, Chennai, Jaipur, and Mehsana. The company, Strata, is backed by institutional investors like Kotak Investment Advisors, Gruhas Proptech, Sabre Investments Elevation Capital, Mayfield, and PropStac.

A platform for investing in commercial real estate (CRE), Strata has submitted an application for a license to operate as a small and medium REIT (SM REIT) in accordance with the most recent guidelines released by the Securities and Exchange Board of India (SEBI). In addition, the business plans to start moving its qualifying assets to SM REITs in order to reach its goal of having Rs 20 billion in total assets under management (AUM) by the end of FY25. The inclusion of SM REITs in the fractional ownership model (FOP) for all assets valued at much above Rs. 0.50 billion was announced by SEBI in 2023. In early 2024, the regulator also published a comprehensive framework. This rule has increased the amount of assets that can be invested under fractional ownership, including very large assets that were previously unfeasible because of legal constraints. Sudarshan Lodha, the co-founder and CEO of the company, stated that their focus this year is to integrate eligible assets into SM REITs. The company claims to have over Rs 18 billion in transactions and an AUM (Assets Under Management) of over 4 million sq ft across Mumbai, Bengaluru, Pune, Hosur, Hyderabad, Chennai, Jaipur, and Mehsana. The company, Strata, is backed by institutional investors like Kotak Investment Advisors, Gruhas Proptech, Sabre Investments Elevation Capital, Mayfield, and PropStac.

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MoHUA Sanctions 1.47 Lakh Additional Houses Under PMAY-U 2.0

In a major push towards the Government’s Housing for All mission, the Ministry of Housing and Urban Affairs (MoHUA) has approved 1,46,582 additional pucca houses under Pradhan Mantri Awas Yojana – Urban 2.0 (PMAY-U 2.0) for 14 States/UTs, bringing total sanctions under the revamped scheme to 8.56 lakh.The decision came during the fourth meeting of the Central Sanctioning and Monitoring Committee (CSMC), chaired by Srinivas Katikithala, Secretary, MoHUA, at the Ministry’s Kasturba Gandhi Marg office. Senior officials, State Principal Secretaries, and PMAY-U Mission Directors participated ..

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Piyush Goyal Inaugurates Expanded ISA Building at Intellectual Property Office

Union Minister of Commerce and Industry, Piyush Goyal, today inaugurated the newly expanded International Searching Authority (ISA) building at the Intellectual Property Office (IPO) in Dwarka, New Delhi, marking a major step forward in India’s intellectual property ecosystem.Addressing the gathering, Goyal highlighted that innovation has been central to India’s heritage for centuries, citing the engineering brilliance of the Konark Temple as a historic example. He emphasised that innovation is not just intellectual property but a symbol of sovereignty, and a key driver in India’s journe..

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Real Estate

SIEGER Boosts Automation in Mumbai Realty

SIEGER, a leading automation solutions provider, is expanding its advanced manufacturing capabilities to meet the surging demand for precision, high-speed automation in Mumbai’s rapidly growing real estate sector.Operating from a 21,000 m² advanced production hub in Coimbatore—part of a 40,000 m² integrated campus—SIEGER offers complete solutions from design and prototyping to manufacturing and deployment. The fully digitalised facility features CNC machining, QR-coded component tracking, conveyorized powder coating, and a Government of India–certified R&D centre, ensuring unmatc..

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