REITs in India: All 6 Listed REIT Stocks
6 REITs were listed and trading in India on 1 November 2026, worth about ₹2,05,900 crore together. The largest was Knowledge Realty Trust (₹48,468 crore), followed by Embassy Office Parks REIT and Bagmane Prime Office REIT. India also listed 23 InvITs, which own roads and power lines instead of offices.
How many REITs are listed in India?
6 REITs were listed and trading on the NSE and BSE on 1 November 2026, worth about ₹2,05,900 crore together. The biggest by market value were Knowledge Realty Trust, Embassy Office Parks REIT and Bagmane Prime Office REIT.
| REIT | Unit price | Market value | Payout yield (12 months) | P/BV | Book value per unit |
|---|---|---|---|---|---|
| 1. Knowledge Realty Trust | ₹109 | ₹48,468 crore | 5.90% | 1.07 | ₹102 |
| 2. Embassy Office Parks REIT | ₹414 | ₹39,266 crore | 7.90% | 1.91 | ₹217 |
| 3. Bagmane Prime Office REIT | ₹106 | ₹35,901 crore | 1.40% (1 payout so far) | no data | ₹0.00 |
| 4. Mindspace Business Parks REIT | ₹483 | ₹31,980 crore | 5.20% | 2.08 | ₹232 |
| 5. Brookfield India Real Estate Trust | ₹315 | ₹26,116 crore | 6.90% | 1.21 | ₹260 |
| 6. Nexus Select Trust | ₹160 | ₹24,188 crore | 5.80% | 1.83 | ₹87.20 |
Screener data read 1 November 2026. Sorted by market value
Which is the biggest REIT in India?
By market value on 1 November 2026, the biggest listed REIT in India was Knowledge Realty Trust at ₹48,468 crore. Embassy Office Parks REIT (₹39,266 crore) and Bagmane Prime Office REIT (₹35,901 crore) came next. The smallest of the 6 was Nexus Select Trust at ₹24,188 crore.
- Knowledge Realty Trust: ₹48,468 crore unit price ₹109 · P/BV 1.07
- Embassy Office Parks REIT: ₹39,266 crore unit price ₹414 · P/BV 1.91
- Bagmane Prime Office REIT: ₹35,901 crore unit price ₹106 · P/BV no data
- Mindspace Business Parks REIT: ₹31,980 crore unit price ₹483 · P/BV 2.08
- Brookfield India Real Estate Trust: ₹26,116 crore unit price ₹315 · P/BV 1.21
- Nexus Select Trust: ₹24,188 crore unit price ₹160 · P/BV 1.83
Market value from Screener, read 1 November 2026
How do REIT unit prices compare with book value?
On 1 November 2026, 2 of 5 REITs with a usable book value traded under 1.5 times it, and 3 at 1.5 times or more. The lowest was Knowledge Realty Trust at 1.07 times and the highest Mindspace Business Parks REIT at 2.08 times.
- Knowledge Realty Trust: 1.07 times book value unit price ₹109 · book value ₹102 per unit
- Brookfield India Real Estate Trust: 1.21 times book value unit price ₹315 · book value ₹260 per unit
- Nexus Select Trust: 1.83 times book value unit price ₹160 · book value ₹87.20 per unit
- Embassy Office Parks REIT: 1.91 times book value unit price ₹414 · book value ₹217 per unit
- Mindspace Business Parks REIT: 2.08 times book value unit price ₹483 · book value ₹232 per unit
Price to book value is the unit price divided by the book value per unit in the trust's accounts. A newly listed REIT can show a very high figure while its accounts still carry the property at its old cost. This is a sort by one number, not a view on any REIT.
Price to book value (P/BV) from Screener, read 1 November 2026
What is a REIT?
A REIT is a trust registered with SEBI that owns finished, rent-paying property such as office parks, malls and business parks. It must pay out at least 90% of its distributable cash to unit holders. On 1 November 2026, 6 REITs were listed in India.
- Units trade on the NSE and BSE like shares, and the price moves every trading day.
- Most of the money comes from rent paid by tenants, so payouts follow occupancy and rents.
- Payouts can be interest, dividend or repayment of capital, and each is taxed differently.
- Most of a REIT's property must be finished and earning rent, not under construction.
Rules: SEBI's REIT Regulations of 2014. Count as of 1 November 2026
What is the difference between a REIT and an InvIT?
Both are SEBI-registered trusts whose units trade on the exchanges and which pay out at least 90% of distributable cash. A REIT owns offices, malls and business parks, while an InvIT owns infrastructure such as toll roads, power lines and towers. On 1 November 2026, India listed 6 REITs and 23 InvITs.
Show the table
| Feature | REIT | InvIT |
|---|---|---|
| What it owns | Property: offices, malls, business parks | Infrastructure: toll roads, power lines, telecom towers, pipelines |
| Main income | Rent from tenants | Tolls, transmission charges or rent on the assets |
| Payout rule | At least 90% of distributable cash | At least 90% of distributable cash |
| Regulator | SEBI | SEBI |
| Listed on 1 November 2026 | 6 | 23 |
Every listed InvIT, with unit price and payout yield, is on the InvITs in India page.
Counts as of 1 November 2026
Questions people ask about REITs
Does this page rank the best REITs?
No. It lists all 6 listed REITs with their unit price, market value and price to book value, sorted by size. Sector Alpha gives no tips, ratings or price targets.
How are REIT units traded in India?
Listed REIT units trade on the NSE and BSE through any demat and trading account, in the same way as shares. The trading lot is one unit.
Are small and medium REITs on this page?
No. SEBI allows small and medium REITs (SM REITs) for smaller pools of property. None has a row in the price data this page reads, so the page lists the 6 main-board REITs only.
How often is this page updated?
Prices and values are read from Screener every week. This version uses data read on 1 November 2026.
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