{"id":4864,"date":"2023-02-01T18:46:43","date_gmt":"2023-02-01T13:16:43","guid":{"rendered":"https:\/\/aayushbhaskar.com\/?p=4864"},"modified":"2023-02-06T12:25:53","modified_gmt":"2023-02-06T06:55:53","slug":"list-of-reit-funds-in-india","status":"publish","type":"post","link":"https:\/\/aayushbhaskar.com\/list-of-reit-funds-in-india\/","title":{"rendered":"List of Top 3 REIT Funds in India","gt_translate_keys":[{"key":"rendered","format":"text"}]},"content":{"rendered":"<p><span data-preserver-spaces=\"true\">Investing in REITs comes with a perfectly structured return on investment scheme that is mostly risk-averse and realistic. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">This allows investors to gain significant returns on the amount they invest. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Mostly, REITs are an ideal investment arena for investors who wish to have steady income across the months without much risk. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Investors can gain capital gains after they sell their REIT units and even <a title=\"What Are Dividends and How Do They Work?\" href=\"https:\/\/aayushbhaskar.com\/dividends\/\">dividends<\/a> on the investments, enhancing their revenue potential. <\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">What are REITs?<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\"><em>Real Estate Investment Trust,<\/em> or abbreviated to REIT, is an entity that is formed with the purpose of channeling the funds that can be invested into owning, operating, or financing real estate that produces significant income.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">If you, as an investor, want access to the real estate market, you can do so easily by investing in the shares of a REIT and getting exposure to the several real estate companies in the business. Without investing in any <a href=\"https:\/\/aayushbhaskar.com\/best-real-estate-stocks-in-india-to-hold-for-long-term\/\">real estate stock<\/a>.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Currently, there exist 3 REITs in India that have been registered and approved by the Securities Exchange Board and have been listed in the Indian stock market. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">To begin investing in any of the following REIT funds, you will need a demat account. If you don&#8217;t have one, <a class=\"thirstylink\" title=\"Zerodha\" href=\"https:\/\/aayushbhaskar.com\/recommends\/zerodha\/\" target=\"_blank\" rel=\"nofollow noopener\">Sign up for Zerodha<\/a> &#8211; our #1 recommended brokerage.<\/span><\/p>\n<p>Here are the top 3 REIT funds in India.<\/p>\n<h2><span data-preserver-spaces=\"true\">1. Mindspace REIT\u00a0<\/span><\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-4865 size-full aligncenter\" src=\"https:\/\/i0.wp.com\/aayushbhaskar.com\/wp-content\/uploads\/2021\/12\/mindspace-e1638790973766.png?resize=800%2C461&#038;ssl=1\" alt=\"\" width=\"800\" height=\"461\" srcset=\"https:\/\/i0.wp.com\/aayushbhaskar.com\/wp-content\/uploads\/2021\/12\/mindspace-e1638790973766.png?w=2224&amp;ssl=1 2224w, https:\/\/i0.wp.com\/aayushbhaskar.com\/wp-content\/uploads\/2021\/12\/mindspace-e1638790973766.png?w=1600&amp;ssl=1 1600w\" sizes=\"(max-width: 800px) 100vw, 800px\" data-recalc-dims=\"1\" \/><\/p>\n<p><a class=\"editor-rtfLink\" href=\"https:\/\/www.mindspacereit.com\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Mindspace REIT<\/span><\/a><span data-preserver-spaces=\"true\">\u00a0is one of the best-graded portfolios in the real estate market in India. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Sponsored by the K Raheja Corp Group, the portfolio includes well-managed offices spaces in Pune, Mumbai, Chennai, and Hyderabad. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The company grew its revenue to around 1600 crores in the last four years and has been up by 5 percent in 2021.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Even the net asset value of the stock has moved up to 345.2 from 326.1 this year (2021). <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The best thing about investing in this particular REIT is that it offers 90%of NDCF as post-tax yield, along with all the SPVs being owned by REIT. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Only Mindspace Hyderabad shares its ownership with the Government of Andhra Pradesh. It currently trades at 322.0 INR.<\/span><\/p>\n<h4><span data-preserver-spaces=\"true\">Key Points of Mindspace REIT\u2013<\/span><\/h4>\n<ul>\n<li><span data-preserver-spaces=\"true\">Net operating income (NOI) has also increased for the REIT and gone up to 1374.1 crores.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Loan to value is at 14 percent<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Distribution yield is at 7 percent<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Net debt to NOI is 2.5 times<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">EBITDA has fallen to 669 crores\u00a0<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Cash and short-term investments have increased to around 360 crores.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Mindspace REITY has the largest tax-free distribution\u00a0<\/span><\/li>\n<\/ul>\n<h2><span data-preserver-spaces=\"true\">2. Embassy REIT<\/span><\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-4867 aligncenter\" src=\"https:\/\/i0.wp.com\/aayushbhaskar.com\/wp-content\/uploads\/2021\/12\/embassy--e1638791227789.png?resize=800%2C370&#038;ssl=1\" alt=\"\" width=\"800\" height=\"370\" srcset=\"https:\/\/i0.wp.com\/aayushbhaskar.com\/wp-content\/uploads\/2021\/12\/embassy--e1638791227789.png?w=2224&amp;ssl=1 2224w, https:\/\/i0.wp.com\/aayushbhaskar.com\/wp-content\/uploads\/2021\/12\/embassy--e1638791227789.png?w=1600&amp;ssl=1 1600w\" sizes=\"(max-width: 800px) 100vw, 800px\" data-recalc-dims=\"1\" \/><\/p>\n<p><a class=\"editor-rtfLink\" href=\"https:\/\/www.embassyofficeparks.com\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Embassy REIT<\/span><\/a><span data-preserver-spaces=\"true\"> is the second REIT on our list, listed on the Indian stock market, backed and sponsored by Embassy and Blackstone. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">It was the first-ever listed REIT on the stock exchange and is also the largest one to exist in the whole of Asia by its area. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">This REIT operates in 42.4 million square feet and includes eight office parks, one 100 MW solar power plant, and two hotels in its portfolio.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The completed operating area of the REIT is 32.3 million square feet, with occupancy close to 90 percent in 2021. The biggest markets for this REIT are Bangalore, Mumbai, and Pune. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Revenue for the company has grown drastically over the years, touching 2360 crores in 2021. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Ever since the raising of refinancing the company&#8217;s debt, the average cost of borrowing for Embassy REIT has dropped to around 7 percent. It currently trades at 360.13 INR.<\/span><\/p>\n<h4><span data-preserver-spaces=\"true\">Key Points of Embassy REIT \u2013<\/span><\/h4>\n<ul>\n<li><span data-preserver-spaces=\"true\">They have a weighted average lease expiry of 7 years.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">EBITDA has grown by 14 percent in 2021\u00a0<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">NOI has grown by 12 percent in 2201<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Operating margins stand at 86 percent\u00a0<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">The third-quarter of 2021 witnessed the company raising 5200 crores through NCDs to refinance the debt it held.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">The Embassy REIT is highly focused on the NCR and Bangalore region.<\/span><\/li>\n<\/ul>\n<h2><span data-preserver-spaces=\"true\">3. Brookfield India REIT<\/span><\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-4870 aligncenter\" src=\"https:\/\/i0.wp.com\/aayushbhaskar.com\/wp-content\/uploads\/2021\/12\/brookfield-e1638791555146.png?resize=800%2C414&#038;ssl=1\" alt=\"\" width=\"800\" height=\"414\" srcset=\"https:\/\/i0.wp.com\/aayushbhaskar.com\/wp-content\/uploads\/2021\/12\/brookfield-e1638791555146.png?w=2224&amp;ssl=1 2224w, https:\/\/i0.wp.com\/aayushbhaskar.com\/wp-content\/uploads\/2021\/12\/brookfield-e1638791555146.png?w=1600&amp;ssl=1 1600w\" sizes=\"(max-width: 800px) 100vw, 800px\" data-recalc-dims=\"1\" \/><\/p>\n<p><span data-preserver-spaces=\"true\">The newest REIT to join the other two in the Indian stock market is the\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.brookfieldindiareit.in\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Brookfield India REIT<\/span><\/a><span data-preserver-spaces=\"true\">. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Sponsored by Brookfield AMC, it is the only institutionally managed commercial real estate portfolio. Their commercial properties are spread across 14 million square feet in Noida, Gurugram, Mumbai, and Kolkata. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">They are also in the process of acquiring another 8.2 million square feet to expand their projects.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The main market for Brookfield India REIT is the Delhi NCR region, which includes more than 50% of the total asset value of the company. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The portfolio definitely holds the potential to witness an increase in the mark to market from 31 percent to 34 percent in the year 2023. It currently trades at 294.1 INR.\u00a0<\/span><\/p>\n<h4><span data-preserver-spaces=\"true\">Some other data about Brookfield India REIT \u2013<\/span><\/h4>\n<ul>\n<li><span data-preserver-spaces=\"true\">The weighted average lease expiry is 7 years<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">TCS, Cognizant, and Accenture make up most of the leased area.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">The total debt of the company stands at 2120 crores.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">They have a low value of 18 percent<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Cash flow from operations increased from 21.5 crores to 80.7 crores in 2021.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Cash flow from financing stands at 205.5 crores in 2021.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">It offers the highest occupancy rate and a dividend yield.\u00a0<\/span><\/li>\n<\/ul>\n<h2><span data-preserver-spaces=\"true\">Bottom line<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">All the three REITs mentioned trade in both the Bombay Stock Exchange and National Stock Exchange. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">They are the only three listed REITs as of now and hold great potential for significant returns in the future. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">They can be traded on the stock exchange like any other stock and require a Demat account as a mandate. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">REITs have a great scope and potential to enable investors to make money from trading these real estate portfolio companies. The minimum investment criteria for investing in the REITs are also not much and only require you to invest INR 15,000. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">If you wish to benefit from constant income and reduced risks, REITs are the best investment arena for you!<\/span><\/p>\n<img src=\"https:\/\/i0.wp.com\/aayushbhaskar.com\/wp-content\/uploads\/2021\/12\/list-of-reit-funds-in-india.png?w=800&#038;ssl=1\" class=\"ss-hidden-pin-image\" alt=\"\" data-pin-url=\"https:\/\/aayushbhaskar.com\/list-of-reit-funds-in-india\/\" data-pin-media=\"https:\/\/i0.wp.com\/aayushbhaskar.com\/wp-content\/uploads\/2021\/12\/list-of-reit-funds-in-india.png?w=800&#038;ssl=1\" data-pin-description=\"List of Top 3 REIT Funds in India\" data-recalc-dims=\"1\"\/>","protected":false,"gt_translate_keys":[{"key":"rendered","format":"html"}]},"excerpt":{"rendered":"<p>Investing in REITs comes with a perfectly structured return on investment scheme that is mostly risk-averse and realistic. This allows investors to gain significant returns on the amount they invest. Mostly, REITs are an ideal investment arena for investors who wish to have steady income across the months without much risk. Investors can gain capital &hellip;<\/p>\n<img src=\"https:\/\/aayushbhaskar.com\/wp-content\/uploads\/2021\/12\/list-of-reit-funds-in-india.png\" class=\"ss-hidden-pin-image\" alt=\"\" data-pin-url=\"https:\/\/aayushbhaskar.com\/list-of-reit-funds-in-india\/\" data-pin-media=\"https:\/\/aayushbhaskar.com\/wp-content\/uploads\/2021\/12\/list-of-reit-funds-in-india.png\" data-pin-description=\"List of Top 3 REIT Funds in India\"\/>","protected":false,"gt_translate_keys":[{"key":"rendered","format":"html"}]},"author":4,"featured_media":4875,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[4],"tags":[169,170],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/aayushbhaskar.com\/wp-content\/uploads\/2021\/12\/list-of-reit-funds-in-india.png","acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v15.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>List of Top 3 REIT Funds in India (2024) - Aayush Bhaskar<\/title>\n<meta name=\"description\" content=\"REITs have been gaining popularity for some time now. 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