Sebi has cautioned investors against dealing with Strata SM REIT, which is no longer a Sebi-registered intermediary.
Strata surrendered its SM REIT license after legal proceedings involving its promoter.
The entity hasn't launched any schemes or migrated existing fractional real estate assets.
Sebi advised investors to be cautious, noting Strata can no longer present itself as a regulated SM REIT.
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