Abstract

In India, REITs and InvITs are similar to mutual funds in that a sponsor raises money and invests it in infrastructure or real estate projects. The government, SEBI, and other regulators in India have been proactive in popularising and supporting REITs and InvITs. These platforms primarily focused on infrastructure development and were established to provide diverse sources to propel India's $5 trillion economy forward. The National Infrastructure Pipeline (NIP) and National Monetization Pipeline (NMP) mega policy initiatives anticipate that InvITs will play a significant part in capital allocation and asset monetization. The increasing popularity and emergence of InvITs/REITs in India is a welcome development for capital-hungry industries. Investors gain from producing consistent cash distributions, a stable yield, and the chance for the sponsor(s) to increase the size of their asset base.

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