To make it easier to do business, markets regulator Sebi today said it has introduced an online registration system for REITs and InvITs.
The new system would help REITs (Real Estate Investment Trusts) and InvITs (Infrastructure Investment Trusts) to complete registration and other regulatory filings with Sebi much faster and in a cost—effective manner.
All applicants desirous of seeking registration as REITs or InvITs are now required to submit their applications online only, through Sebi intermediary portal.
The online system, which can be used for application for registration, reporting and filing under the provision of REITs and InvITs regulations, has been made operational, the regulator noted.
Also, the existing Sebi registered InvITs have been advised to activate their online accounts.
This is to facilitate applying for registration, reporting and various compliances under SEBI (Real Estate Investment Trusts) Regulations, 2014 and SEBI (Infrastructure Investment Trusts) Regulations, 2014.
The online system can be used for application for registration, reporting and filing under the provision of aforesaid Regulations.
All applicants desirous of seeking registration as REITs or InvITs are now required to submit their applications online only, through SEBI Intermediary Portal at https://siportal.sebi.gov.in.
Furthermore, all SEBI registered REITs and InvITs are now required to file/ submit/ apply for any request, as may be required under the provision of aforesaid Regulations & Circulars issued thereunder, through the online system only.
The aforesaid online filing system has been made operational.
Link for SEBI Intermediary Portal is also available on SEBI website – http://www.sebi.gov.in.
In case of any queries and clarifications, users may refer to the manual provided in the portal or contact the Portal Helpline as specified in the manual.
Existing SEBI registered InvITs have already been advised to activate their online accounts.
- The US is projected to grow at a clip of 2.1 percent in 2017 and 2018.
