Finance Comic on August 19 : Small Bites, Big Buildings🏢

[{"selector":"#anim-858c05e2-0468-460f-b5a5-cbc2456cdf37","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-71283c95-9752-49ac-b3f8-7bb86d5f4abe","keyframes":{"transform":["translate3d(102.07254%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-04212bb7-070d-4b46-b3e9-b4d18390adad","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-47acb127-3d2e-46ec-8455-3e30a160955b","keyframes":{"transform":["translate3d(-71.78771%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2ed99c81-98d8-4f3a-9299-eda0263b08fb","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-029776c7-1d3d-4a29-ba0d-c1ce7378a389","keyframes":{"transform":["translate3d(-64.28989%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

[{"selector":"#anim-1ae7792b-e560-43e5-980c-cd8ff96ae106","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-69d1861a-6351-4121-8914-6ba441ecf178","keyframes":{"transform":["translate3d(-64.28989%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

[{"selector":"#anim-66104cd4-8714-41dc-9265-4edbf9d5d79b [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-12.499999772451451%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] [{"selector":"#anim-f8b6828c-f258-4f25-94fb-c6187c0b0453","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-17265751-bd29-477f-984e-6b47e22ac71f","keyframes":{"transform":["translate3d(103.36788%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4bb9a552-325d-4f02-9211-012c358e9261","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-64dd6025-7a97-4bd0-a931-c34fb427b7a0","keyframes":{"transform":["translate3d(-64.28989%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e6e20205-52da-454d-b0ed-969feb9c2e81","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-43a0a750-b1a2-49f7-bef0-dfc6e267903c","keyframes":{"transform":["translate3d(-70.80925%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Property Share (PropShare Investment Manager Pvt. Ltd) became the first fractional ownership platform (FOP) to receive the Small and Medium Real Estate Investment Trust (SM REIT) licence from SEBI.

[{"selector":"#anim-67e16ee8-b55c-4d97-b687-dd4f6329f38d [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-12.499999772451451%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] [{"selector":"#anim-b23b5321-06ee-44e2-add8-0abd0788c5ee","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-590601e7-527c-4e0b-b84a-ae969b6a6274","keyframes":{"transform":["translate3d(103.36788%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7bf42674-20e1-4a0f-bcc2-f704bd3c6f88","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-24e4fb71-12e8-48d9-afd4-2bff36f7c820","keyframes":{"transform":["translate3d(-64.28989%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5dad4166-fe15-4fad-a9ac-938b4302c379","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-270e4a6f-1cdd-41a2-b39c-c9a1d4db2c9b","keyframes":{"transform":["translate3d(-70.80925%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] The firm has got the licence under the name of Property Share Investment Trust (PSIT). Property Share will become the investment manager to PSIT.

[{"selector":"#anim-fffeca97-90a9-4bb4-8c6b-2433cb2d7039 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-12.499999772451451%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] [{"selector":"#anim-8bea0590-1550-46fb-b21e-4c2a4f92fab0","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f8651f8e-4bc9-4005-941b-160282116e88","keyframes":{"transform":["translate3d(103.36788%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6efef4c7-2a50-47fa-adb8-1cb8db1baf69","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e2a0bb10-5f7b-45d0-aa00-192440d0f45e","keyframes":{"transform":["translate3d(-64.28989%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-06434c95-14f4-479e-984e-e8ac0d4da25e","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a21ce82a-25e3-420a-836b-ba52366c6ad3","keyframes":{"transform":["translate3d(-70.80925%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] In March 2024, the markets regulator issued regulations to amend the REIT Regulations 2014, establishing guidelines for the creation of SM REITs,

[{"selector":"#anim-8b3f0b12-5b5d-457b-84b3-3a2c16f82468 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-12.514648210040342%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] [{"selector":"#anim-03d0f001-66b3-4436-bc10-0e34245cb7af","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-150ad657-0130-4141-9253-e7e91c7c0046","keyframes":{"transform":["translate3d(103.36788%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3c75467b-9514-487c-9490-3e0bdde3b71e","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e4190980-06cd-4e11-9cdb-1ae0e858aa88","keyframes":{"transform":["translate3d(-64.28989%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8592ca64-fcf2-4ef1-9e63-702fce6f896f","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-96cb5212-fb82-4dcc-b39f-d9b41556ab54","keyframes":{"transform":["translate3d(-70.80925%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] bringing FOPs within the regulatory framework as a sub-class within the REIT regulations for assets valued between ₹50 crore and ₹500 crore.

[{"selector":"#anim-702ec1bb-2db7-4b2e-974c-6deb21b15071 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-12.499999772451451%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] [{"selector":"#anim-db801309-201d-4abc-9ce9-16745536dea8","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b546b094-1e7e-467a-aa39-5e0efa06d9d3","keyframes":{"transform":["translate3d(103.36788%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8f66d81d-a8b4-4339-ab7e-0ffd788dcc28","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-706b0289-fe15-4c67-a544-5c3f97dae1c5","keyframes":{"transform":["translate3d(-64.28989%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8e22bbd2-73d3-4e24-9e50-f7cb49f24720","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d0e2e0dc-d760-4d33-937b-aa16749709af","keyframes":{"transform":["translate3d(-70.80925%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] This move intended to safeguard investor interests, incorporating both commercial and residential properties within the new framework. Learn more

[{"selector":"#anim-8b542484-fcc2-4f2e-8db8-12b6874bc9f2","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2470c1ff-38fa-446d-9858-234f2975e3c0","keyframes":{"transform":["translate3d(-64.28989%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Learn more