In March 2024, the Securities Exchange Board of India (SEBI) introduced amendments to the Real Estate Investment Trusts (REITs) Regulations 2014 namely 'SEBI (REIT) (Amendment) Regulations 2024'. The initial offering for an SM REIT requires a minimum subscription amount of Rs__________ per investor.
1
10 lakh
2
12 lakh
3
15 lakh
4
20 lakh
5
25 lakh