Can Real Estate Investment Trust (REITs) In India Generate Sufficient Returns For Its Investors ?
Real Estate is one of favorite asset classes for Indians to park their saving. To give a context, the average Indian household has more than 80% of its wealth in Real Estate and other physical assets.
A REIT can be viewed as a closed ended mutual fund for real estate with a structure similar to mutual funds i.e. Sponsor-Manager-Trustee. A REIT is funded by its sponsors and managed by its managers with key underlying investment instrument as real estate assets.