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Comparison guide

REITs vs InvITs — Real Estate & Infra Investment Trusts Explained

REITs and InvITs let you own institutional-quality commercial real estate and infrastructure assets at ₹50 ticket size with quarterly cashflow.

// structure

REITs hold rent-yielding commercial real estate (offices, malls, warehouses). InvITs hold yield-bearing infrastructure (highways, transmission lines, telecom towers). Both are SEBI-regulated, distribute ≥90% of net cash to unit-holders.

// indian listings

REITs: Embassy Office Parks, Mindspace Business Parks, Brookfield India REIT, Nexus Select. InvITs: PowerGrid InvIT, IRB InvIT, IndiGrid, Bharat Highways InvIT. Yields range 5.5–9% depending on asset class.

// tax treatment

Distributions are a mix of interest (taxed at slab), dividend (taxable in your hands if the SPV did not pay tax under concessional regime), rent (slab), and return-of-capital (reduces cost basis, taxed when units are sold).

// frequently asked questions

Different exposure: REITs are commercial real estate (offices, malls) yielding 6–7%. A residential flat is residential real estate yielding 2–3% rental but with capital appreciation. Not a substitute, but a useful diversifier.