15-05-2025
Explainer: Strata, the Reit that was not to be
Explainer: Strata, the Reit that was not to be
Sudharshan Lodha, co-founder and CEO of Strata Property Management
Synopsis
Bengaluru-based Strata Small and Medium Real Estate Investment Trust has surrendered its licence. While Sebi has advised investors to exercise caution while dealing with the entity, many questions remain unanswered.
By N SUNDARESHA SUBRAMANIAN 4 Mins Read, May 15, 2025, 06:28 PM IST
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In an unusual public notice published on Wednesday, market regulator Securities and Exchange Board of India (Sebi) announced that Bengaluru-based Strata Small and Medium Real Estate Investment Trust (SM Reit) had surrendered its licence and advised investors to exercise caution while dealing with the entity. SM Reit is a new segment introduced by the regulator only last year, and Strata was among one of the promising players. Although Strata was
