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Yugioh MD (Millennium Duels) Best Decks: Red Eyes
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Yugioh MD (Millennium Duels) Best Decks: Red Eyes - Video
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The Securities and Exchange Board of India on Sunday set the stage for launch of Real Estate and Infrastructure Investment Trusts, commonly referred to as REITs and InvIT.
In the final regulations, the market regulator has made some major changes to what it had proposed earlier.
These include allowing foreign institutional investor participation and reducing the minimum asset size for a REIT.
Those in the sector said these two new instruments had the potential of attracting nearly Rs 1 lakh crore (Rs 1 trillion) to the cash-starved real estate and infrastructure sector.
The proposals were cleared at a meeting of the Sebi board, which was addressed by Finance Minister Arun Jaitley.
In Budget 2014-15, the finance minister had announced giving a pass-through status to these trusts.
In his first interaction with Sebis board after assuming charge as finance minister, Jaitley asked the regulator to be vigilant about possible violations in the marketplace and to come up wit measures to attract retail investors and address their grievances.
Sebi Chairman U K Sinha said after the meeting that these trusts would help in the progress of the real estate and infrastructure sectors.
While the draft guidelines did not give a clarity on foreign investments in these trusts, the final norms have permitted foreign entities to invest in REITs.
These investments, however, will be subject to certain guidelines, which will be issued by the Reserve Bank of India.
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Market watchdog clears decks for REIT launch
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Sebi clears decks for REIT launch -
August 11, 2014 by
Mr HomeBuilder
The Securities and Exchange Board of India (Sebi) on Sunday set the stage for launch of Real Estate and Infrastructure Investment Trusts, commonly referred to as REITs and InvIT.
In the final regulations, the market regulator has made some major changes to what it had proposed earlier. These include allowing foreign institutional investor (FII) participation and reducing the minimum asset size for a REIT. Those in the sector said these two new instruments had the potential of attracting nearly Rs 1 lakh crore to the cash-starved real estate and infrastructure sector.
The proposals were cleared at a meeting of the Sebi board, which was addressed by Finance Minister Arun Jaitley. In Budget 2014-15, the finance minister had announced giving a pass-through status to these trusts.
In his first interaction with Sebi's board after assuming charge as finance minister, Jaitley asked the regulator to be vigilant about possible violations in the marketplace and to come up wit measures to attract retail investors and address their grievances. Sebi Chairman U K Sinha said after the meeting that these trusts would help in the progress of the real estate and infrastructure sectors.
While the draft guidelines did not give a clarity on foreign investments in these trusts, the final norms have permitted foreign entities to invest in REITs. These investments, however, will be subject to certain guidelines, which will be issued by the Reserve Bank of India.
Among other changes, the minimum asset size of REITs, fixed at Rs 1,000 crore in the draft guidelines, has been reduced to Rs 500 crore. This is expected to bring in more assets under these trusts.
The final guidelines have also liberalised norms related to sponsors of REITs. It has increased the number of sponsors to three (from one), provided an individual owns at least five per cent of the fund.
The final guidelines have also relaxed investment norms. Now, investment of up to 20 per cent is allowed under construction assets, shares, debts of real estate companies, mortgage-backed securities, against 10 per cent proposed in under-construction assets.
"Reducing asset size to Rs 500 crore is a significant move, as it will allow more players to access this platform. Allowing REITs to invest up to 20 per cent in real estate equity and debt, will give room to diversify investment portfolio," said Bhairav Dalal, associate director, PwC India.
However, small investors would have to wait for some time before they are allowed to invest in these new products, as minimum investment amount has been fixed at Rs 2 lakh for REITs and at Rs 10 lakh for InvITs, given the complex nature and potential risks associated with these.
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Sebi clears decks for REIT launch
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Elevated Decks, Retaining Walls, Design Construction
http://www.345build.com Elegant, revealing, and standing tall, this elevated deck was built in steel frame, and composite decking, which was attached by hidden fasteners. The retaining wall was covered...
By: A D Construction LLC
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Elevated Decks, Retaining Walls, Design & Construction - Video
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Deck Contractor :: A-1 Decks :: (801) 664-2201
Providing backyard deck solutions for the areas of South Jordan, West Jordan, Draper, Highland, Sandy, Lehi, and Alpine Utah. We have a 100% customer satisfaction guarantee! A-1 Decks has...
By: VBL SEO
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Deck Contractor :: A-1 Decks :: (801) 664-2201 - Video
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ReVive Skateboards SNEAK PEEK! Decks Restocked!
Subscribe for daily videos! Get ReVive Skateboards Gear at http://www.reviveskateboards.com Just a quick heads up on the decks being restocked! More vids always on the way. See you guys tomorrow yo!
By: AndrewSchrock
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ReVive Skateboards SNEAK PEEK! Decks Restocked! - Video
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Bembol Fingerboard Decks Welcomes: Benedict Tecson
Support Bembol Fingerboard Decks.
By: Benedict Tecson
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Bembol Fingerboard Decks Welcomes: Benedict Tecson - Video
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Bang La Decks vs Major Lazer -Watch Out For Zouka Dj Roti Mashup
Listen And Dance. ..... . . . . . . The official rights go to the producers of the song.
By: DjRoti
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Bang La Decks vs Major Lazer -Watch Out For Zouka Dj Roti Mashup - Video
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Non-Zoo basic low level decks vs first 9 Naxxramas bosses - HearthStone - The Funny Version
This is an akwardly edited video showing off how to complete more than half of the Naxxramas bosses without spending any dust or gold. The first wing is completed only with cards you can find...
By: Domasiukas
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Non-Zoo basic low level decks vs first 9 Naxxramas bosses - HearthStone - The Funny Version - Video
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An Everett man wanted in connection with an attempted murder in Malden eluded police this morning by jumping off the Tobin Bridge, where he got tangled in safety netting under the span because of ongoing construction, authorities said.
Authorities said that just before 10 a.m. Chelsea police saw the suspect, Mostafa Laassal, 49, behind the wheel of a black Lincoln Town Car with livery plates that had been part of an advisory put out by Malden police in connection with an attempted murder with a knife.
Police chased the car onto the Tobin Bridge where Laassal stopped just north of the tolls on the upper deck. Thats when state police said Laassal got out of the car and jumped off the bridge.
Luckily for him there was netting below, Chelsea Police Capt. Keith Houghton said. I dont think he thought that when he jumped.
State police said Laassal tried to free himself before Chelsea officers with the assistance of the Chelsea Fire department climbed 25 feet down into the net and pulled him out. He was arrested and transported to a hospital with lower body injuries, police said.
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Murder suspect jumps off Tobin Bridge after police chase
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