Question

‘Mindspace Business Parks REIT acquires three office assets from sponsor K Raheja Corp for ₹ 2,916 crores.’

Mention the heading and the sub-heading under which office assets of Mindspace Business Parks REIT will be shown in the Balance Sheet as per Schedule III of the Companies’ Act, 2013.

Answer 1

Main Heading - Non-current assets

Sub-heading - Property, Plant and Equipment tangible assets