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2024

Pricier than priciest! PropShare Platina REIT beats Elcid, MRF with jumbo Rs 10.5 lakh sticker price

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PropShare Platina REIT debuted with a record-breaking unit price of Rs 10.49 lakh, surpassing even Elcid Investments. This reflects the growing appeal of REITs, offering stable returns from income-generating real estate. While price is high, investors should focus on underlying value metrics like yield and not equate high price with overvaluation.