1.3 lakh crore rupees did Real Estate Investment Trust and Infrastructure Investment Trust raise in the last four years

Apr 30, 2024 #BPSC, #Current_Affairs, #DSSSB, #Railway, #SSC, #UPSC, #WBPSC

In the last four years, Rs 1.3 lakh crore have been mobilized by REIT and InvITS.
A real estate investment trust (REIT) and Infrastructure investment trusts (InvITs) have mobilised 1.3 lakh crore in the past four years.
The market regulator SEBI has notified regulations for small and medium REITs on March 8, 2024.
InvIT has raised Rs 2,500 crore through a public issue. InvITs consist of a portfolio of infrastructure assets like highways.
Currently, there are 24 registered InvITs and 5 REITs. The first investment trust was registered with Sebi in 2016-17.
A REIT is made up of a portfolio of commercial real estate assets.
InvITs are emerging as alternative investment instruments, mainly for high-net-worth individuals.