Budget 2015: Real estate investment trusts step forward closer to reality

              Real estate investment trusts (REITs) come one step closer to becoming the Minister of Finance announced that the EU budget in 2015 to become a reality,
the transfer of capital gains tax and property developers from major companies to entities listed on a special purpose vehicle (SPV) formed the run purposes,
real estate investment trusts, will be "rationalization."
               Developers have their own main internal office properties. If they launch real estate investment trusts, these properties will be transferred to a special purpose vehicle ..
Property transfer will lead to capital gains tax liability. "By providing a guaranteed capital gains will not be for sale of real estate developers, levy, finance minister has removed a major obstacle to hinder India's real estate investment trusts launched," Sanjay Dutt, Managing Director, South Asia, said, -Cushman and Wakefield, a global real estate consultant.
              Real estate investment trusts for the first time in 2014 when the Budget announced ..

SOURCE : WEB