Question
Which of the following is the correct full form of
REIT?Solution
A Real Estate Investment Trust (REIT) is a type of investment vehicle that allows individuals to invest in real estate properties without directly owning them. REITs pool funds from multiple investors to invest in a diversified portfolio of income-generating real estate assets, such as commercial properties, residential complexes, and infrastructure projects. They provide a way for investors to access real estate markets and earn a share of the rental income and capital appreciation from the properties within the trust.
What is the projected value of India’s mining equipment market by 2033?Â
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