PROPIINN
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Puducherry’s First REIT Proposed
REIT to Unlock Investment in Puducherry’s Commercial Realty
Puducherry
Puducherry is set to enter the real estate investment mainstream with the proposal of its first Real Estate Investment Trust (REIT). The initiative focuses on commercial properties in Ariyur and the French Quarter, aiming to attract both institutional and retail investors.
Once approved, the REIT will pool income-generating assets such as office buildings, retail spaces, and mixed-use developments. The goal is to offer fractional ownership, enabling broader participation in Puducherry’s growing realty sector.
With a boost in leasing activity and infrastructure development in key zones, experts believe the REIT could redefine real estate financing and transparency in the UT.
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