This is one of the new concept which is going to be introduced in India soon..
At the current levels people are dreaming about getting a property on their own especially middle class people
but they are not able to do so due to the booming prices
of these properties due to artificial tsunami caused by wealthy people and
some people who are in affordable list (Who have money to spend readily or
have eligibility to house loans for 7 digit numbers).
This scheme can be said as a breed of mutual fund and real estate.
Its a normal mutual fund scheme where the mutual fund houses or AMC's will invest in completed properties (shops,flats ,individual houses ) as well as in related securities .
The rents yielded from these properties are paid as dividends to the mutual fund investors on regular basis .
These funds has a lock in period of 3 years and basically they are dept funds.
The Nav of the same will be published on daily basis.
The benefit of these schemes are like it will make the investment process in real estate much faster and easier.
When will this be coming to india?
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