+
SEBI Executive Director Inaugurates New Office of IRA and BIA
ECONOMY & POLICY

SEBI Executive Director Inaugurates New Office of IRA and BIA

The Indian REITs Association (IRA) and the Bharat InvITs Association (BIA) have inaugurated their new joint office in New Cuffe Parade, Mumbai. Shri Pramod Rao, Executive Director of the Securities and Exchange Board of India (SEBI), officially inaugurated the premises.

The new office aims to foster collaboration, growth, and transparency in the Real Estate Investment Trust (REIT) and Infrastructure Investment Trust (InvIT) sectors. The inauguration event was attended by stakeholders from SEBI and industry participants.

The office will serve as a hub for promoting investor awareness, building industry standards, and encouraging dialogue between investors, regulators, and market participants. It symbolises a step forward in strengthening the institutional framework for REITs and InvITs in India.

The Indian REITs Association, founded in 2023, focuses on promoting best practices and standards for the REIT sector. Bharat InvITs Association is dedicated to advancing the InvIT sector with a focus on governance, professionalism, and regulatory compliance.

Both organisations are committed to driving advocacy, research, and education, with a vision to develop a resilient and progressive investment ecosystem.

Source: Press Release, April 25, 2025

Image Source:realtynmore

The Indian REITs Association (IRA) and the Bharat InvITs Association (BIA) have inaugurated their new joint office in New Cuffe Parade, Mumbai. Shri Pramod Rao, Executive Director of the Securities and Exchange Board of India (SEBI), officially inaugurated the premises. The new office aims to foster collaboration, growth, and transparency in the Real Estate Investment Trust (REIT) and Infrastructure Investment Trust (InvIT) sectors. The inauguration event was attended by stakeholders from SEBI and industry participants. The office will serve as a hub for promoting investor awareness, building industry standards, and encouraging dialogue between investors, regulators, and market participants. It symbolises a step forward in strengthening the institutional framework for REITs and InvITs in India. The Indian REITs Association, founded in 2023, focuses on promoting best practices and standards for the REIT sector. Bharat InvITs Association is dedicated to advancing the InvIT sector with a focus on governance, professionalism, and regulatory compliance. Both organisations are committed to driving advocacy, research, and education, with a vision to develop a resilient and progressive investment ecosystem. Source: Press Release, April 25, 2025Image Source:realtynmore

Next Story
Infrastructure Energy

Bihar Launches Rs 53.4 Billion Green Energy Plan

The Bihar government has taken a major stride towards clean energy with the launch of two new policies and the signing of agreements totalling Rs 53.4 billion. These initiatives aim to generate 2,357 megawatts (MW) of renewable energy through solar, wind, battery storage, and other sustainable technologies.The Bihar Renewable Energy Policy 2025 and the Pump Storage Policy 2025 were officially introduced at an event in Patna. Designed to attract significant investment, the policies seek to position Bihar as a key centre for clean energy projects. Energy Minister Bijendra Prasad Yadav stated tha..

Next Story
Infrastructure Transport

Bids Invited for Rs 62.5 Billion Vizag Metro Project

The long-anticipated Visakhapatnam Metro Project has made significant progress, with the Andhra Pradesh Metro Rail Corporation inviting bids for the first civil contract under Phase 1 of the Vizag Metro. The estimated cost of this contract is Rs 62.5 billion.This engineering, procurement and construction (EPC) contract covers the design and construction of a 46.23 km viaduct spanning three corridors, including a 20.16 km double-decker four-lane flyover cum metro viaduct. The project also comprises 42 elevated metro stations across Visakhapatnam.Recently, SYSTRA Consultancy signed a Memorandum ..

Next Story
Real Estate

Oberoi Realty to Buy Hotel Horizon for Rs 9.19 Billion

A consortium led by Mumbai-listed Oberoi Realty Ltd is set to acquire debt-laden Hotel Horizon Pvt Ltd in Juhu, Mumbai for Rs 9.19 billion (approximately USD 107 million) under a resolution plan approved through India’s Insolvency and Bankruptcy Code (IBC).In a filing to the stock exchange, Oberoi Realty confirmed that the Committee of Creditors of Hotel Horizon had approved the resolution plan, following which a letter of intent was issued. The consortium also includes Shree Naman Developers and JM Financial Properties.As per the resolution plan, the consortium will make a payment of Rs 9.1..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?