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[Cites 0, Cited by 0] [Section 21] [Entire Act]

Securities And Exchange Board Of India - Subsection

Section 21(8) in Securities and Exchange Board of India (Real Estate Investment Trusts) Regulations, 2014

(8)For any transaction of purchase or sale of properties, [whether directly or through holdco and/or SPVs,] [Inserted by Notification No. SEBI/L.A.D.-NRO/GN/2016-17/022, dated 29.11.2016 (w.e.f. 26.9.2014).]-
(a)if the transaction is a related party transaction, the valuation shall be in accordance with regulation 19;
(b)if the transaction is not a related party transaction,-
(i)a full valuation of the specific property shall be undertaken by the valuer;
(ii)if ,-