Investors can soon start investing in commercial real estate via Small and Medium REITs (SM REITs) with a minimum investment limit of Rs 10 lakh. The Securities and Exchange Board of India (Sebi) introduced a framework for allowing SMREIT to manage real estate assets separately, differing from existing REITs that has Rs 500 crore minimum asset value. Sebi Chairperson Madhabi Puri Buch said Sebi seeks to expand the market for retail investors through SMREIT.