Alt Unveils India’s First PMS Focused on Listed REITs & InvITs

25 Aug 2025 CW Team

The strategy aims to give investors structured access to India’s rapidly expanding real estate and infrastructure assets, offering stable yields of c. 8–9 per cent annually (distributed quarterly) and target returns of 12–15 per cent IRR over a four-year horizon.

REITs and InvITs have delivered 11.0 per cent p.a. since inception in 2019—outperforming G-Secs, FDs and debt MFs, and with lower volatility than equities. With listed REITs now crossing $17 billion in market capitalisation and InvITs managing over $80 billion of infrastructure assets, institutional demand has accelerated.

Despite this growth, no PMS has previously offered investors curated exposure to these regulated hybrid products. REITs and InvITs combine quarterly income distributions with capital appreciation, while being 33 per cent less volatile than equities and showing a low 0.23 correlation to the Nifty 50.

ARIPS builds on Alt’s leadership in the REIT space through Property Share, having launched India’s first Small & Medium REIT (SM REIT) PropShare Platina in December 2025 and the largest SM REIT, PropShare Titania, in August 2025. The founding team has over $3 billion of real estate investment experience, including the first listed REIT (Embassy Office Parks).

“India is at the cusp of a generational shift in wealth allocation from traditional financial assets to real assets,” said Kunal Moktan, Co-founder, Alt. “ARIPS is built to institutionalise access to REITs and InvITs for Indian investors—offering the same risk-adjusted returns and portfolio stability that global institutions have tapped into for decades.”

The PMS requires a minimum investment of Rs 50 lakh. All investments will be made in liquid, listed securities with T+1 settlement, under dual regulatory oversight by SEBI on both REITs/InvITs and portfolio managers.

Alt, India’s leading alternative investments platform, has launched ARIPS – Alt REIT InvIT PMS Strategy, the country’s first and only Portfolio Management Service exclusively investing in units of listed Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs). The strategy aims to give investors structured access to India’s rapidly expanding real estate and infrastructure assets, offering stable yields of c. 8–9 per cent annually (distributed quarterly) and target returns of 12–15 per cent IRR over a four-year horizon. REITs and InvITs have delivered 11.0 per cent p.a. since inception in 2019—outperforming G-Secs, FDs and debt MFs, and with lower volatility than equities. With listed REITs now crossing $17 billion in market capitalisation and InvITs managing over $80 billion of infrastructure assets, institutional demand has accelerated. Despite this growth, no PMS has previously offered investors curated exposure to these regulated hybrid products. REITs and InvITs combine quarterly income distributions with capital appreciation, while being 33 per cent less volatile than equities and showing a low 0.23 correlation to the Nifty 50. ARIPS builds on Alt’s leadership in the REIT space through Property Share, having launched India’s first Small & Medium REIT (SM REIT) PropShare Platina in December 2025 and the largest SM REIT, PropShare Titania, in August 2025. The founding team has over $3 billion of real estate investment experience, including the first listed REIT (Embassy Office Parks). “India is at the cusp of a generational shift in wealth allocation from traditional financial assets to real assets,” said Kunal Moktan, Co-founder, Alt. “ARIPS is built to institutionalise access to REITs and InvITs for Indian investors—offering the same risk-adjusted returns and portfolio stability that global institutions have tapped into for decades.” The PMS requires a minimum investment of Rs 50 lakh. All investments will be made in liquid, listed securities with T+1 settlement, under dual regulatory oversight by SEBI on both REITs/InvITs and portfolio managers.

Infrastructure Transport

06 Feb 2026

Lucknow Metro East-West Corridor Consultancy Contract Awarded

The Uttar Pradesh Metro Rail Corporation has awarded the first construction-related consultancy contract for the Lucknow Metro East West Corridor to a joint venture of AYESA Ingenieria Arquitectura SAU and AYESA India Pvt Ltd. The firm was declared the lowest bidder for the Detailed Design Consultant contract for Lucknow Metro Line-2 under Phase 1B and the contract was recommended following the financial bid. The contract is valued at Rs 159.0 million (mn), covering design services for the corridor. Lucknow Metro Line-2 envisages the construction of an 11.165 kilometre corridor connecting Cha..

Infrastructure Urban

06 Feb 2026

Div Com Kashmir Urges Fast Tracking Of Jhelum Water Transport Project

The Divisional Commissioner of Kashmir has called for the fast-tracking of the Jhelum water transport project, urging district administrations and relevant agencies to accelerate planning and clearances. In a meeting convened at the divisional headquarters, the commissioner instructed officials from irrigation, public health engineering and municipal departments to prioritise the project and coordinate survey and design work. The directive emphasised removal of administrative bottlenecks and close monitoring to ensure timely mobilisation of resources and contractors. Officials were told to in..

Infrastructure Urban

06 Feb 2026

Interarch Reports Strong Q3 And Nine Month Results

Interarch Building Solutions Limited reported unaudited results for the third quarter and nine months ended 31 December 2025, recording strong revenue growth driven by execution and a robust order book. Net revenue for the third quarter rose by 43.7 per cent to Rs 5.225 billion (bn), compared with Rs 3.636 bn a year earlier, reflecting heightened demand in pre-engineered building projects. The company’s total order book as at 31 January 2026 stood at Rs 16.85 bn, supporting near-term visibility. EBITDA excluding other income for the quarter increased by 43.2 per cent to Rs 503 million (mn),..