INVITs, REITs Raise Rs 171.16 Bn in FY24

10 Apr 2024 CW Team

In a significant uptrend reflecting investor confidence in real estate investment trusts (REITs) and infrastructure investment trusts (INVITs), fundraising through these instruments has surged to a staggering Rs 171.16 billion in the fiscal year 2023-24. This substantial increase in capital inflow underscores the growing popularity and viability of REITs and INVITs as avenues for investment in the Indian real estate and infrastructure sectors.

According to reports, the surge in fundraising by INVITs and REITs represents a multi-fold increase compared to previous years, indicating a robust appetite among investors for these asset classes. The funds raised through these investment vehicles are expected to be deployed towards various real estate and infrastructure projects, driving growth and development across different sectors of the economy.

The impressive fundraising performance of INVITs and REITs highlights their role as effective instruments for mobilising capital and channelling it into income-generating assets. With their ability to offer attractive yields and portfolio diversification benefits, REITs and INVITs have emerged as preferred investment options for both institutional and retail investors seeking exposure to real estate and infrastructure assets.

The surge in fundraising activity also reflects the favourable regulatory environment and investor-friendly policies introduced by the government to promote the development of REITs and INVITs in India. Going forward, the continued expansion of these investment vehicles is expected to contribute significantly to the growth and modernization of the country's real estate and infrastructure sectors, unlocking value and driving economic progress.

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