Market regulator Securities and Exchange Board of India (SEBI) said on 11th April it would issue rules on Real Estate Mutual Funds in the next fifteen days, allowing retail investor as well to access the realty market, which has viewed a boom in the last few years. “SEBI is ready with rules on real estate MFs that could be issued any day.T C Nair told the outer time limit to issue guidelines is fifteen days.
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New mutual fund may help real estate to grow efficiently.