22/7/2024, 3:40:05 pm

REIT, InvIT mop-ups shoot up 5-fold to over Rs 39,000 crore in FY24

REITs and InvITs raised Rs 39,024 crore in FY24, a five-fold increase from the previous year, driven by the government's focus on infrastructure development. The capital markets regulator, Sebi, has been promoting these asset classes, and the chairperson expects REITs, InvITs, and municipal bonds to become as big as India's equity markets in 10-15 years.