#sector77

📍 Sector 77–80, Gurgaon

Experience a lifestyle crafted for wellness, luxury, and comfort — right at the foothills of the Aravallis! 🌿✨

Surrounded by top residential landmarks like Bestech Altura, M3M Antalya Hills, Signature Global 79B & Mapsko Mount Ville, this upcoming project brings unmatched serenity and convenience.

🏡 Project Highlights:

Land Area: ~4.6 Acres | 5 Towers | G+27 Floors | ~500 Residences

2.5 BHK – ~1500 sq.ft.

3 BHK – ~1700 sq.ft.

3.5 BHK – ~1900 sq.ft.

40% green & open spaces

24/7 medical facility by Medanta / Fortis or equivalent

💫 Premium Amenities: Gym | Pool | Clubhouse | Gaming Room | Jogging Track | Restaurants | Parks

💰 Price: ₹12,900/sq.ft. (All Inclusive – bsp/edc/idc/club/1 car park) 📅 Payment Plans: a) PLP – 30:40:30 b) Subvention – 15:85

📌 Other Charges: plc, possession, govt. taxes apply

Experience a lifestyle crafted for wellness, luxury, and comfort — right at the foothills of the Aravallis! 🌿✨

Surrounded by top residential landmarks like Bestech Altura, M3M Antalya Hills, Signature Global 79B & Mapsko Mount Ville, this upcoming project brings unmatched serenity and convenience.

🏡 Project Highlights:

Land Area: ~4.6 Acres | 5 Towers | G+27 Floors | ~500 Residences

2.5 BHK – ~1500 sq.ft.

3 BHK – ~1700 sq.ft.

3.5 BHK – ~1900 sq.ft.

40% green & open spaces

24/7 medical facility by Medanta / Fortis or equivalent

💫 Premium Amenities: Gym | Pool | Clubhouse | Gaming Room | Jogging Track | Restaurants | Parks

💰 Price: ₹12,900/sq.ft. (All Inclusive – bsp/edc/idc/club/1 car park) 📅 Payment Plans: a) PLP – 30:40:30 b) Subvention – 15:85

📍 Sector 77–80, Gurgaon 📌 Other Charges: plc, possession, govt. taxes apply

Real Estate Investment Trusts (REITs) is similar to a mutual fund as it provides it investor’s the benefit of investing in portfolios of large scale properties with regular income streams. REITs emerged as a tax concept under the US tax law in 1960s. 

Mainly there are 3 types of REITs in context of Indian Law i.e. Equity REITs, Mortgage REITs & Hybrid REITs. Equity REITs generally invest in properties and own those properties hence they are responsible for the value of their real estate asset. However, Mortgage REITs deal with investment and ownership of property mortgages. These REITs lend money for mortgages to owners of real estate or buy existing mortgages or mortgage back securities. The revenue generated on these REITs is by way of interest that they earn on mortgage loans. Hybrid REITs are a combination of both Equity REITs and Mortgage REITs. 

As per the Securities and Exchange Board of India (SEBI) REITs will pool the investment of various small investors and invest them in income generating large projects of real estate sectors. REITs will then issue units to these investors post the collection of funds. These units will further get listed on stock exchange for trading as other stocks. 

However, most of the REITs are traded but there are also public, private and non listed REITs as well. It receives special tax benefits and generally offers high yields to its customers and the earnings generated through these REITs are further distributed to its holders.

According to analyst’s introduction of REITs in India can be a turnaround for the real estate sector. That is it has benefits for both the investors and the developers. Key benefits offered by REITs to developers is that these REITs will likely improve property market transparency, smoothen volatile property cycles, and potentially lower the cost of capital, it will also reduce the high debt levels of the developers 

REITs offer various benefits to the investors as well i.e. it will provide the opportunity to small investors to invest in large scale real estate commercial projects, secondly the compulsory dividend payout  makes it similar to a bond, thirdly the REITs are mandated to provide recurring dividends. 

Though as per the latest draft by SEBI most of the industry’s suggestions to make REITs more conducive and suited to Indian circumstances were accepted, however till the time the country’s tax codes are amended it will not be possible to list any of the REITs on exchange. 

As per the current draft the trusts will have to own assets valued at least Rs. 500 Crore and investors must put in a minimum of Rs. 2 lakh and investors are disadvantaged by REITs because, under existing rules, shares in them must be held for three years before they are exempt from capital gains tax, unlike investments in “listed securities,” which gain the exemption after one year. 

Further, there is also a lack of clarity on whether the developer setting up the trust would have to pay the so-called minimum alternative tax.