Real Estate Investment Trusts Stocks in India

4-Factor Sector Score

An additive sector-relative research score. The four displayed point contributions always equal the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or stale evidence is absorbed inside the affected factor, never applied as a hidden adjustment.

Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. Financial companies use P/BV÷ROE and asset quality; PEG, industrial OPM and ROCE are excluded.

Income Scale & Growth Durability

Embassy Office Parks REIT has the highest Income among the 4 Real Estate Investment Trusts companies compared here, at ₹4,582 crore. Mindspace Business Parks REIT is next at ₹3,216 crore. Brookfield India Real Estate Trust has the highest Income growth at 24.5%, so level and change sit with different companies.

What the numbers say: Embassy Office Parks REIT is the scale leader at ₹4,582 crore, 42.5% ahead of Mindspace Business Parks REIT. Brookfield India Real Estate Trust's growth is 24.5% from a ₹2,970 crore base, with 14 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.

Investor read: Embassy Office Parks REIT is the scale benchmark; Brookfield India Real Estate Trust is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns.

This conclusion weakens if: Embassy Office Parks REIT's growth falls below Brookfield India Real Estate Trust's for two consecutive comparable reports while operating margin also compresses.

Profit Scale & Acceleration

Mindspace Business Parks REIT has the highest Net profit among the 4 Real Estate Investment Trusts companies compared here, at ₹695 crore. Brookfield India Real Estate Trust is next at ₹536 crore. Brookfield India Real Estate Trust has the highest Profit growth at the 100% top of the scoring scale, so level and change sit with different companies.

What the numbers say: Mindspace Business Parks REIT leads with ₹695 crore of TTM profit, 29.7% above Brookfield India Real Estate Trust. Brookfield India Real Estate Trust shows ≥100% on the scoring scale (226.8% uncapped) growth from a ₹536 crore profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.

Investor read: Mindspace Business Parks REIT sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.

Funding Base & Its Composition

No company in this Real Estate Investment Trusts comparison has a funding base figure that passes this section's guard, so the Deposits rank is empty. On Borrowings, Embassy Office Parks REIT is highest at ₹22,535 crore, across 4 of 4 companies with a usable reading.

What the numbers say: There is not enough comparable evidence to name a reliable deposits leader.

Investor read: The current leader sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current borrowings signal.

Return On Assets

Mindspace Business Parks REIT has the highest ROA among the 4 Real Estate Investment Trusts companies compared here, at 4.3%. Nexus Select Trust is next at 3.4%. 4 of 4 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Mindspace Business Parks REIT leads roa at 4.3%; the second comparison lacks enough current evidence.

Investor read: Mindspace Business Parks REIT sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current roa change signal.

ROE — Leaders & Improvers

Mindspace Business Parks REIT has the highest ROE among the 4 Real Estate Investment Trusts companies compared here, at 4.7%. Brookfield India Real Estate Trust is next at 2.8%. 4 of 4 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Mindspace Business Parks REIT leads roe at 4.7%; the second comparison lacks enough current evidence.

Investor read: Mindspace Business Parks REIT sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current roe change signal.

Gross NPA — Leaders & Improvers

No company in this Real Estate Investment Trusts comparison reports gross NPA on a comparable basis, so there is nothing to rank here — 0 of 4 companies have a usable current reading. The section is shown rather than removed so an unavailable metric is not mistaken for one that was quietly left out. Filings were read through Mar 2026.

Withheld from this comparison: Embassy Office Parks REIT (EMBASSY) — its two data sources disagree by up to 106% on reported income across 14 comparable periods, so its derived ratios are withheld; Mindspace Business Parks REIT (MINDSPACE) — its two data sources disagree by up to 13% on reported income across 14 comparable periods, so its derived ratios are withheld; Brookfield India Real Estate Trust (BIRET) — its two data sources disagree by up to 300% on reported income across 14 comparable periods, so its derived ratios are withheld; Nexus Select Trust (NXST) — its two data sources disagree by up to 8,598% on reported income across 13 comparable periods, so its derived ratios are withheld. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.

Valuation Against Growth & Quality

Mindspace Business Parks REIT has the lowest P/BV ÷ ROE among the 4 Real Estate Investment Trusts companies compared here, at 0.45×. Brookfield India Real Estate Trust is next at 0.47×. Brookfield India Real Estate Trust has the lowest P/BV at 1.3×, so level and change sit with different companies.

What the numbers say: Mindspace Business Parks REIT has the lowest comparable P/BV ÷ ROE at 0.45×, 4.3% below Brookfield India Real Estate Trust. Only 4 of 4 companies pass the guard, so no broad “cheapest stock” conclusion is defensible unless the current multiple, own-history position and growth durability agree.

Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.

This conclusion weakens if: The next two comparable reports reverse the current p/bv signal.

Market action

Mindspace Business Parks REIT has the strongest one-year price move in Real Estate Investment Trusts at +17.3%. It also leads on Mansfield relative strength against NIFTY at +5.3%. 4 of 4 covered companies are above zero on that measure. Every line covers 313 weekly closes through 2026-07-17.

What can make this comparison misleading?

This Real Estate Investment Trusts comparison names 7 specific ways its own evidence can mislead, all listed below. All 4 companies here report on comparable dates, so no rank carries a stale marker. 4 have second-feed figures withheld because the two sources disagree. 2 of the 7 ranked sections have fewer than three usable current readings.

Which companies are included?

All 4 companies in the canonical Real Estate Investment Trusts membership are listed below, largest market value first — nothing is silently dropped, even where a company reports too little to rank. The charts above default to a selective view; this register is the complete set, with each company's own latest reporting date beside it.

AHEAD means the company is beating the index by 5% or more over three months. LAGGING, FUNDAMENTALS UP means it is 20% or more behind over a year while its trailing twelve-month earnings grew 20% or more. Both rules are fixed and applied the same way in every sector.

How was this comparison built?

This comparison is built from the reported filings of 4 Real Estate Investment Trusts companies, normalized to a common ₹ scale and a shared quarter axis of up to 19 quarters each. Fundamentals run through Mar 2026 and market data through 2026-07-24. A second data feed fills gaps only after identity and scale reconciliation, and missing observations are never interpolated.

A second feed is read only after its reported income is matched against the primary source on at least three overlapping periods. Where the two agree the figures fill silently. Where there is too little shared history to compare, the figures are still drawn — they are the only evidence there is — and marked ⚠ unverified everywhere they appear. Where the two are known to disagree, nothing from the second feed is drawn and the affected company is named under the chart it is missing from. Every company's standing is listed in the register above.

Real Estate Investment Trusts company comparison FAQs

These 15 answers restate the Real Estate Investment Trusts comparison above in question form. Every one is computed from the same 4 companies and the same reported filings as the rankings and charts, current through Mar 2026. Price and relative-strength answers run through 2026-07-24. Nothing here is estimated, and none of it is a recommendation.