India is set to see at least four new Real Estate Investment Trusts (REITs) listed on the stock exchange between the second half of 2021 and early 2025, if the performance of the stock market stays consistent, according to Anshuman Magazine, head of CBRE India. The introduction of REITs has been a success in India, allowing retail investors to participate in the real estate market, monetising rent-yielding assets and unlocking the broad potential of real estate assets. Institutional investors are also attracted by the reliability of these assets as REITs offer them a better return on investments.
Market Trading Guide: Maruti Suzuki, NMDC among top 6 stock recommendations for Monday
Indian equities tracking positive global cues ended higher on the last trading day of the week. Nifty at the close edged higher by 0.25% to