EPFO: Investment in Real Estate.. Do you know where your PF money is going? – epfo to carefully invest up to 3 percent funds in reits and invite assets to check what they are

Employees’ Provident Fund Organization (EPFO) invests its fund assets in the stock market, government bonds, and debt securities. In this case, EPFO ​​plans to carefully invest in real estate assets from now on.

The central board of trustees of EPFO ​​decides in which assets EPFO ​​should invest. In this context, in the last board of trustees meeting it was decided to invest EPFO ​​assets in inVIT and REIT real estate assets.

Accordingly, the Board of Trustees has decided to invest up to a maximum of 5% in real estate assets. What is InVIT and REIT? REITs are real estate investment trusts. That is, the amount invested in it will be used to develop office spaces and real estate properties.

GST on house rent.. Who will pay?
Our income is the rent we get from those real estate properties. Similarly, InVIT is a scheme that invests in infrastructure projects and generates income through it. EPFO is allowed to invest up to 5% in such real estate assets.

However, EPFO ​​has decided to invest very carefully in real estate assets. EPFO sources say that it has been decided to invest in real estate assets only up to a maximum of 3%.