🏢 REITs and INVITs — Earn Regular Income by Investing in Real Estate & Infrastructure
Do you dream of owning a commercial office building in Mumbai, a toll highway in Rajasthan, or a power transmission tower in Tamil Nadu — but don't have crores of rupees to invest? REITs (Real Estate Investment Trusts) and INVITs (Infrastructure Investment Trusts) make this possible for every common Indian investor — starting from as low as ₹100!
These are SEBI-regulated investment vehicles, listed and traded on NSE and BSE, that allow retail investors to participate in the income generated from large-scale real estate and infrastructure assets — without the burden of physically owning or managing any property.
📌 What is a REIT (Real Estate Investment Trust)?
A REIT is a trust that pools money from investors and uses it to own, operate, or finance income-generating real estate assets — primarily commercial properties such as office parks, malls, data centers, and warehouses. The trust earns rent from tenants and distributes at least 90% of its net distributable cash flow to unitholders as regular income — similar to how a Fixed Deposit gives you interest.
Types of properties REITs typically hold in India:
- 🏢 Grade-A Commercial Office Spaces (IT Parks, SEZs)
- 🏬 Retail Malls & Shopping Centres
- 🏗️ Warehousing & Logistics Parks
- 💻 Data Centres
- 🏥 Hospitals & Healthcare Facilities
To learn the basics of REITs directly from the regulator, visit SEBI's official investor education portal:
👉
https://investor.sebi.gov.in/understanding_reit_invit.html
📌 What is an InvIT (Infrastructure Investment Trust)?
An InvIT works the same way as a REIT but focuses on infrastructure assets rather than real estate. These include national highways, toll roads, power transmission lines, gas pipelines, and telecom towers — assets that generate steady, long-term cash flows from user fees, toll collections, and transmission charges.
Types of assets INVITs typically hold in India:
- 🛣️ National Highways & Toll Roads (NHAI-linked)
- ⚡ Power Transmission Lines (Power Grid InvIT)
- 🔧 Gas Pipelines & Distribution Networks
- 📡 Telecom Towers & Fibre Networks
- 💧 Water & Renewable Energy Infrastructure
🆚 REITs vs INVITs — Key Differences at a Glance
| Feature | REITs | INVITs |
|---|---|---|
| Underlying Asset | Commercial Real Estate | Infrastructure Projects |
| Income Source | Rental Income from Properties | Toll, Transmission & Usage Fees |
| Risk Level | Medium | Medium to Low (operational assets) |
| Distribution Frequency | Quarterly | Quarterly / Half-Yearly |
| Regulated By | SEBI | SEBI |
| Listed On | NSE & BSE | NSE & BSE |
| Minimum Investment | ~₹100–₹500 per unit | ~₹60–₹200 per unit |
📈 REITs Listed in India (NSE)
You can find the official list of all REITs currently listed on the National Stock Exchange here:
👉
Download REITs List from NSE (CSV)
Some of the prominent REITs listed in India include:
- Embassy Office Parks REIT — India's first and largest REIT, backed by Blackstone & Embassy Group
- Mindspace Business Parks REIT — Premium IT parks across Hyderabad, Mumbai, Pune & Chennai
- Brookfield India Real Estate Trust — Grade-A office campuses in key metros
- Nexus Select Trust REIT — India's first retail REIT, owning premium malls
🏗️ INVITs Listed in India (NSE)
The official list of all INVITs currently listed on NSE can be downloaded here:
👉
Download INVITs List from NSE (CSV)
Notable INVITs in India include:
- PowerGrid Infrastructure Investment Trust — Transmission assets of Power Grid Corporation of India
- IRB Infrastructure Trust (IRB InvIT) — Highway & toll road projects across India
- India Grid Trust (IndiGrid) — Power transmission & renewable energy infrastructure
📊 Nifty REITs & INVITs Index
NSE Indices has launched a dedicated thematic index — the Nifty REITs & INVITs Index —
which tracks the performance of listed REITs and INVITs on NSE. This is useful for ETFs and index
funds tracking this segment.
👉
View Nifty REITs & INVITs Index — NSE Indices
🔍 Check Unitholding Pattern & Corporate Filings
As a SEBI-regulated investment, all REITs and INVITs are required to disclose their unitholding
patterns, quarterly results, and distribution details publicly. You can access these filings directly
on NSE:
👉
NSE Corporate Filings — Unitholding Pattern
You can also check all securities available for trading on NSE (including REITs & INVITs):
👉
NSE — Securities Available for Trading
🚀 Upcoming REITs & INVITs IPOs / Offers for Sale
Looking to invest in a new REIT or InvIT coming to market? NSE publishes upcoming issues and Offers for Sale (OFS) in real time. Check these pages regularly to stay updated:
- 🏢 Upcoming REITs Issues: NSE — Upcoming REITs Issues & OFS
- 🏗️ Upcoming INVITs Issues: NSE — Upcoming INVITs Issues & OFS
✅ Why Should Indian Investors Consider REITs & INVITs?
- 💰 Regular Income: Mandatory 90%+ distribution of net cash flows — like a dividend-paying stock
- 🏠 Real Asset Exposure: Ownership stake in physical, productive assets
- 📉 Diversification: Reduces portfolio risk by adding a non-correlated asset class
- 🔒 SEBI Regulated: Transparent disclosures, audited financials, mandatory governance
- 💧 Liquidity: Units are listed on NSE & BSE — buy/sell like any share
- 💼 Low Ticket Size: Start investing with a few hundred rupees per unit
- 🌱 Inflation Hedge: Real estate & infrastructure rents typically grow with inflation
- 🧾 Tax Efficiency: A portion of distributions may be tax-free (return of capital)
⚠️ Risks to Keep in Mind
- 📊 Market price fluctuations — unit NAV can go up or down
- 🏢 Vacancy risk in REITs if tenants leave large office spaces
- 🛣️ Traffic/toll collection risk in road-based INVITs
- 📜 Regulatory & government policy changes (NHAI, Power tariff revisions)
- 💱 Interest rate sensitivity — higher rates may reduce unit attractiveness
🛒 How to Invest in REITs & INVITs in India?
Investing in REITs and INVITs is as simple as buying a share:
- Open a Demat + Trading Account with any SEBI-registered broker (Zerodha, Groww, Upstox, Angel One, etc.)
- Complete your KYC (PAN + Aadhaar based)
- Search for the REIT or InvIT by its ticker symbol on NSE or BSE
- Place a buy order — just like buying a stock!
- Receive quarterly distribution income directly to your bank account
For a beginner's guide from SEBI on understanding REITs & INVITs before you invest:
👉
SEBI Investor Education — Understanding REITs & INVITs
📚 Official & Useful Links for REITs & INVITs Investors
| Resource | Link |
|---|---|
| SEBI — Understanding REITs & INVITs | Visit → |
| Nifty REITs & INVITs Index | Visit → |
| NSE — REITs Listed (CSV) | Download → |
| NSE — INVITs Listed (CSV) | Download → |
| NSE — Upcoming REITs Issues & OFS | Visit → |
| NSE — Upcoming INVITs Issues & OFS | Visit → |
| NSE — Unitholding Pattern & Corporate Filings | Visit → |
| NSE — All Securities Available for Trading | Visit → |
⚠️ Disclaimer: REITs and INVITs investments are subject to market risks. Past distributions are not a guarantee of future income. Please read all Offer Documents, SEBI guidelines, and scheme-related documents carefully before investing. This article is for educational purposes only and does not constitute financial advice.