Investment conditions

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..... f the SM REIT shall invest at least ninety-five per cent. of the value of the schemes' assets for each of its schemes in completed and revenue generating properties and shall not invest in under-construction or non-revenue generating real estate assets: Provided that up to five per cent. of the value of the schemes' assets may be invested in liquid assets, which are unencumber .....

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..... in sub-regulation (2) of this regulation are satisfied within six months of such breach: Provided further that the period may be extended by another six months subject to the approval from the unitholders in accordance with clause (e) of sub-regulation (9) of regulation 26ZM of these regulations: Provided further that if such conditions as specified in sub-regulation (2) of this regulation are .....

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..... NOTES:- 1. Inserted vide Notification No. SEBI/LAD-NRO/GN/2024/166 dated 08-03-2024 2.  Substituted vide F. No. SEBI/LAD-NRO/GN/2025/241 dated 22-04-2025 before it was read as, "." 3.  Inserted vide F. No. SEBI/LAD-NRO/GN/2025/241 dated 22-04-2025 4.  Inserted vide F. No. SEBI/LAD-NRO/GN/2025/241 dated 22-04-2025 -
Statute, statutory provision .....

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