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We are considering the option of a Real Estate Investment Trust or REITs as an investment tool", said Mr. Anil Baijal, Secretary, Ministry of Urban Development, at the FICCI international seminar on real estate.A Real Estate Investment Trust was first conceptualized and rationalized in the US. This trust was created to offer a helping hand to that section of the American public whose buying capacity was lower in comparison to the prevalent real estate prices. The main advantage of investing in such a fund is that it offers income tax exemptions, both for corporate entities and the general investors. An important feature of such investment is equity real estate investment, where the trust invests in or owns the real estate and collects rents for the investors.