Stock Market Live Updates: Blue-chip earnings and inflation data to drive equity market this week thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
REITs, InvITs experience robust growth; fund mobilisation rises to Rs 11,474 crore in 2023 devdiscourse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from devdiscourse.com Daily Mail and Mail on Sunday newspapers.
Real Estate Investment Trusts: According to data compiled by Prime Database.com, REITs and InvITs collectively raised Rs 11,474 crore in 2023 compared to a record low amount of Rs 1,166 crore clocked in 2022.
Before that, funds to the tune of ₹17,641 crore were collected through the route in 2021 and ₹29,715 crore in 2020, the data showed. REITs and InvITs are new concepts in the Indian market but have been a popular choice globally for their lucrative returns and capital appreciation.