CONTEXT:

• SEBI has reduced the minimum subscription requirement as well as defined trading lots for Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs).
• REITs have to offer their units in lots worth at least Rs. 50,000 in initial and follow-on public offers.
• The minimum value of a single lot should be Rs. 1 lakh in the case of InvITs.