The Indian REITs Association (IRA) is a non-profit trade organization dedicated to promote the growth and development of the Real Estate Investment Trust (REIT) sector in India. Recent claims suggesting that the REIT framework serves the interests of a select few are baseless and misleading.
Since the introduction of REIT regulations in 2014, India has established a strong and transparent regulatory framework that aligns with global best practices. Developed in consultation with all market participants, this framework ensures the highest levels of investor protection for both: domestic and international institutional investors, as well as retail investors.
The sector’s remarkable growth has drawn significant interest and participation from prominent global institutional investors. Their participation not only strengthens the trust and credibility of India’s financial system but also provides investors with a dependable and transparent avenue to engage in the country’s expanding real estate market.
Currently, there are four listed REITs on the Indian stock exchanges, collectively managing assets worth over ₹1,40,000 crores and serving more than 240,000 unitholders. These REITs have distributed over ₹18,000 crores, with the market capitalization of this rapidly growing asset class reaching approximately ₹80,000 crores.
The IRA commends SEBI and its leadership for crafting a rigorous regulatory environment that includes comprehensive periodic reporting requirements, mandatory independent valuations, and strict governance standards. These measures are designed to enhance transparency and protect investor interests.
About The Indian REITs Association
Brookfield India Real Estate Trust, Embassy Office Parks REIT, Mindspace Business Parks REIT, and Nexus Select Trust are the founding members of the Indian REITs Association.
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