CRE Matrix has launched India's first commercial property real estate price index for Grade-A office spaces, covering six major leasing markets and various micro-markets. This initiative, developed in collaboration with IIM-B, aims to assist investors and managers in real estate investment trusts (REITs) by providing valuable data on long-term rental trends. The index, which includes 36 indices, is based on lease transaction data and is expected to enhance decision-making for real estate stakeholders.
Abhishek Gupta, a former fund manager at Edelweiss Asset Management, has settled allegations of violating Mutual Fund Regulations by paying Rs 19.5 lakh. The Securities and Exchange Board of India (SEBI) issued a showcause notice regarding his failure to ensure that scheme funds were invested to meet their objectives, violating specific regulations and circulars.
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