SEBI Executive Director Inaugurates New Office of IRA and BIA

28 Apr 2025 CW Team

The Indian REITs Association (IRA) and the Bharat InvITs Association (BIA) have inaugurated their new joint office in New Cuffe Parade, Mumbai. Shri Pramod Rao, Executive Director of the Securities and Exchange Board of India (SEBI), officially inaugurated the premises.

The new office aims to foster collaboration, growth, and transparency in the Real Estate Investment Trust (REIT) and Infrastructure Investment Trust (InvIT) sectors. The inauguration event was attended by stakeholders from SEBI and industry participants.

The office will serve as a hub for promoting investor awareness, building industry standards, and encouraging dialogue between investors, regulators, and market participants. It symbolises a step forward in strengthening the institutional framework for REITs and InvITs in India.

The Indian REITs Association, founded in 2023, focuses on promoting best practices and standards for the REIT sector. Bharat InvITs Association is dedicated to advancing the InvIT sector with a focus on governance, professionalism, and regulatory compliance.

Both organisations are committed to driving advocacy, research, and education, with a vision to develop a resilient and progressive investment ecosystem.

Source: Press Release, April 25, 2025

Image Source:realtynmore

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