Real Estate Investment Trusts (REITs) are undoubtedly the safest investment options in the Indian market today. However, you may not see much of it in the residential real estate turf just as yet.
Essentially, REITs are companies investing in real estate assets, allowing you to invest indirectly in the asset. If such a trust owns and operates any residential rental property like apartment buildings and houses, it is a residential REIT.
So far, the REIT listings in India are rather marginal. However, a report by JLL projects that the market is likely to have a profitable growth curve in 2021. With cities like Bengaluru brimming with REIT assets ($11.16 billion), the upsurge is inevitable.
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