Lakshadweep’s First REIT Proposed

0
34

Kavaratti REIT to Boost Local Hospitality Investments
Lakshadweep | May 2025:
A landmark proposal for Lakshadweep’s first Real Estate Investment Trust (REIT) focused on Kavaratti’s hospitality sector aims to revolutionize property investment in the region. The initiative is designed to enable local investors to pool funds and benefit from hospitality realty returns without direct property ownership.

This REIT targets commercial and hospitality properties, including boutique hotels and serviced apartments, providing much-needed liquidity and transparency to the real estate market. Experts believe this will encourage broader participation from the local community and NRI investors eager to tap into Lakshadweep’s growing tourism potential.

The proposal also includes provisions for sustainable development practices and aims to align with the UT’s eco-tourism roadmap, promoting responsible investments.

Search
Categories
Read More
NexMates
NexMates is Revolutionizing On-Demand Service Booking
The on-demand service industry has transformed how people access essential services—from...
By NexMates 2025-04-29 09:24:46 0 536
PROPIINN
PROP GLANCE A Snapshot of Excellence
Propiinn is more than just a real estate platform; it’s your comprehensive solution for all...
By PROPIINN 2025-04-28 06:21:41 0 441
NexMates
NexMates Empowers Agents to Expand Their Referral Network
Expanding a service referral network is a key strategy for agents looking to increase earnings,...
By NexMates 2025-04-30 05:06:22 0 603
Legal
Title deed verification – How buyers can ensure secure transactions
Title deed verification process Buyers must obtain a certified copy of the title deed from the...
By PROPLegal 2025-04-26 12:08:18 0 525
Legal
Real Estate Arbitration – Alternative Dispute Resolution Mechanisms
Real estate disputes often involve contract disagreements, ownership conflicts, delayed project...
By PROPLegal 2025-04-26 12:26:11 0 512
PROPIINN https://agent.propiinn.com