Fractional Ownership Platform Property Share Received India’s 1st SM REIT License from SEBI:
Property Share (PropShare Investment Manager Private Limited) became the 1st Fractional Ownership Platform (FOP) to received India’s 1st Small and Medium Real Estate Investment Trust (SM REIT) license from the Securities and Exchange Board of India (SEBI) under the newly notified SM REIT regulations. It received the license under the name of Property Share Investment Trust (PSIT). Property Share is the investment manager to PSIT.
