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Policy for Customer Advances and borrowing

(1) In case of a Developmental REIT Scheme, the aggregate of (i) borrowings from financial institutions and capital markets and (ii) Customer Advances, shall not, at any time, exceed sixty (60) percent of the REIT Fund and shall be in accordance with the policy stated for this purpose in the constitutive documents. (2) In case of a Rental REI...


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