This is the amount that comes with REITs and InvITs.
Revealed in RBI statistics
A total of Rs. 1.3 lakh crore has been received in the last four years through REITs and InvITs, which facilitate investment in the real estate sector. RBI figures revealed that this amount has come in the last four financial years. It is expected that this momentum will continue in the future as well.
As the Indian economy is moving towards a steady development path, more and more people are choosing REITs and InvITs as alternatives to investments. High-net-worth individuals (HNIs) in particular are turning to these. The RBI said that Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) have emerged as destinations for investments in the real estate sector, and more people are showing interest in these as they are safe for investment. A total of Rs 2,500 crore worth of invitations were received through the public issue in March. Most people are trading in it after SEBI reduced the minimum investment amount. As a result, REITs are getting bigger. “SEBI’s decision to reduce lot size and other factors have made REITs an attractive investment option,” said the Indian REIT Association.