REAL ESTATE INVESTMENT TRUST (REIT'S) AND IT'S PROSPECTS IN INDIAN REAL ESTATE SECTOR

Real Estate Sector is booming industry in India. This sector generates second highest employment after Agriculture. Beginning of the 21^st Century Indian Economy take off with thriving tertiary sector Industry. BPOs, KPOs process work and retail industry are fasted growing and that will lead the demand of Commercial spaces in Tire-I and Tire-II cities. Due to highest demand in Residential as well as Commercial Spaces in Urban and Semi-urban areas. The Prices of real estate touched to the sky. Therefore, the affordability of investment to common man is not possible due to a short pocket. Lower income group of peoples are not enjoying the benefit of Investment in Real Estate Sector due to short savings in Hands. Therefore, Capital to the real estate sector and channelize funds of retail investors into the formal system by way of implementing SEBI (REITs) Regulations, 2014. With the help of that Government initiates the process of REITs in India which operate in a fashion similar to mutual funds. In 2016 budget, they passed the Real Estate Regulators Bill. SEBI will take care of the protecting of all real estate investors. Still this investment avenue is most neglected due to the structural complexity and lack of awareness in common people.