The Bag Board and Exchange of India (Sebi) has warned investors about the treatment of small strata and real estate media (SM reit), since it has delivered its Sebi record.
The market regulator reached this decision after reviewing certain legal processions against Strata SM Reit promoter. The regulator had discussions with the company, its independent director, compliance officials and the administrator.
“According to the commitment and discussions thereafter, Strata SM Reit has delivered its registration certificate as an SM Reit and it will not be maintained or represented as an intermediary regulated by Sebi or SM Reit,” said the regulator in a press release.
“This communication is being issued in the interest of investors who advise them to have caution while dealing with the entity,” said Sebi.
In January, Strata received Sebi’s approval to register as a small and average real estate investment trust (SM Reit), a framework for smaller fractional property platforms that offer real estate investment products.
He has not launched any SM Reit scheme or migrated any entity of pre -existing real estate to the SM Reit frame, but had planned to launch six schemes in fiscal year 26.
Currently, Strata manages around ₹ 2,000 million rupees in assets under administration (AUM). According to the standards introduced in 2024, the minimum investment for SM Reit is established in ₹ 10 Lakh.
Posted on May 14, 2025