The Securities and Exchange Board of India has given its approval for the Real Estate Investment Trust platform, which is ready to allow all type of buyers to spend cash on the Indian real estate market. It would create a possibility value Rs. 1.25 trillion (US$ 19.65 billion) within the Indian market in the coming years. Responding to an increasingly well-informed consumer base and bearing in mind the facet of globalisation, Indian real estate builders have shifted gears and accepted recent challenges. The most marked change has been the shift from family owned businesses to that of professionally managed ones. The Commission establishes necessities for persevering with education to be met by licensed real estate brokers and real estate salespersons as a situation of license renewal. Also, any faculty which offers directions in real estate must acquire the Commission’s approval and follow the principles and regulations of the Commission.
RCA …