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United News of India
2 days ago
- Business
- United News of India
Growing confidence in yield-generating assets turn InvITs & REITs into a big draw
Mumbai, July 8 (UNI) Rising investor interest amid growing confidence in yield-generating assets is leading to a good growth in volumes of REITs (Real Estate Investment Trusts) and InvITs (Infrastructure Investment Trust) publicly traded in the last two years, a study said. The total volumes of public InvITs traded increased by 128.23 per cent in the last two years while that of public REITs surged by a whopping 399.54 per cent since FY2023, ICRA Analytics said. The Real Estate Investment Trusts and Infrastructure Investment Trusts are investment vehicles that allow investors, both individual and institutional, to participate in the real estate and infrastructure sectors, respectively, without directly owning properties or infrastructure assets. In terms of traded value, public InvITs grew by 115.53 per cent in the last two years while public REITs increased by 177.78 per cent since FY2023. The volumes of public InvITs traded, which stood at 2735 lakh units in FY23, has increased to 6242 lakh units in FY25. On a year-on-year basis, volumes traded increased by 20.52 per cent from 5179 lakh units in FY24. The volumes of public REITs traded increased from a mere 3273 lakh units in FY23 to 16,350 lakh units in FY25. On a year-on-year basis, it grew by 230.10 per cent from 4953 lakh units in FY24. The public InvITs' traded value stood at Rs 6121 crore in FY25 as against Rs 2840 crore in FY23; while REITs was at Rs 31,206 crore in FY25 as compared with Rs 11,234 crore in FY23. On a year-on-year basis, InvITs' traded value grew by 14.41 per cent from Rs 5350 crore in FY24 while that of REITs increased by 157.47 per cent from Rs 12,120 crore in FY24. The total number of unitholders in both these instruments put together increased by 8.23 per cent at 67.23 crore in FY25, as against 62.12 crore in FY24. There are currently five InvITs and four REITs which are publicly traded. UNI PC PRS
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Business Standard
3 days ago
- Business
- Business Standard
Govt policies aimed at reducing poverty, creating jobs, says Gadkari
Union minister Nitin Gadkari on Saturday said his government's policies were aimed at reducing poverty and creating jobs, as he cautioned against economic liberalisation that could lead to concentration of wealth in the hands of a few. "Our objective is to create an economic option that will eliminate poverty, create jobs for youth and lead to creation of wealth," he said in his address at the National Conference of CA Students-2025 and added we need such an economic option. He said previous governments under P V Narasimha Rao and Manmohan Singh adopted an economic liberalisation framework. "But with economic liberalisation, we should also make sure that there is no centralisation of the economy. It should not be that the number of poor is slowly increasing while wealth is getting centralised in the hands of a few," the minister cautioned. "There has been a sea change in the economic landscape (in the last decade) and your role is crucial in this change," the minister said. At the event, Gadkari also touched upon a range of issues, including agriculture, manufacturing, taxation and public-private partnerships in infrastructure development. He highlighted the evolving role of chartered accountants, Gadkari said, "CAs can be the growth engines of the economy. Our economy is changing rapidly. It is not only about filing income tax returns and GST submissions." Talking about infrastructure development, Gadkari highlighted his own initiatives in the transport sector. "I was the one who started the Build-Operate-Transfer system for road construction," he said. There is no shortage of funds for road development, he added. "Sometimes I say I do not have a fund crunch but I have a shortage of work," Gadkari said. "Now, we earn nearly ₹55,000 crore through toll booths and in the next two years, our income will go up to ₹1.40 trillion. If we monetise it for the next 15 years, we will have ₹12 trillion. New toll will add more money to our coffers," he said. The minister also spoke about projects aimed at enhancing regional connectivity and investment. "We are constructing a ropeway of ₹5,000 crore in Kedarnath. The contractor is ready to spend the amount and give ₹800 crore royalty to the Union government. When the Uttarakhand government asked us to share the royalty, I asked whether they would also share the loss-making units," he said. On domestic investments, Gadkari said he has raised funds through Infrastructure Investment Trust (InvIT) bonds without foreign assistance. "I am not accepting money from foreign countries like Canada or the US. I will build roads from the money raised from the poor people of the country," he said, adding that the share which was at ₹100 has now jumped to ₹160 and people will get nearly 18 to 20 per cent returns.
Time of India
3 days ago
- Business
- Time of India
Govt policies aimed at reducing poverty, creating jobs: Nitin Gadkari
Union minister Nitin Gadkari on Saturday said his government's policies were aimed at reducing poverty and creating jobs, as he cautioned against economic liberalisation that could lead to concentration of wealth in the hands of a few. "Our objective is to create an economic option that will eliminate poverty, create jobs for youth and lead to creation of wealth," he said in his address at the National Conference of CA Students-2025 and added "we need such an economic option". He said previous governments under P V Narasimha Rao and Manmohan Singh adopted an economic liberalisation framework. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Egypt: Unsold Sofas at Bargain Prices (Prices May Surprise You) Sofas | Search Ads Search Now Undo "But with economic liberalisation, we should also make sure that there is no centralisation of the economy. It should not be that the number of poor is slowly increasing while wealth is getting centralised in the hands of a few," the minister cautioned. "There has been a sea change in the economic landscape (in the last decade) and your role is crucial in this change," the minister said. Live Events At the event, Gadkari also touched upon a range of issues, including agriculture, manufacturing, taxation and public-private partnerships in infrastructure development . He highlighted the evolving role of chartered accountants , Gadkari said, "CAs can be the growth engines of the economy. Our economy is changing rapidly. It is not only about filing income tax returns and GST submissions." Talking about infrastructure development, Gadkari highlighted his own initiatives in the transport sector. "I was the one who started the Build-Operate-Transfer system for road construction," he said. There is no shortage of funds for road development, he added. "Sometimes I say I do not have a fund crunch but I have a shortage of work," Gadkari said. "Now, we earn nearly Rs 55,000 crore through toll booths and in the next two years, our income will go up to Rs 1.40 lakh crore. If we monetise it for the next 15 years, we will have Rs 12 lakh crore. New toll will add more money to our coffers," he said. The minister also spoke about projects aimed at enhancing regional connectivity and investment. "We are constructing a ropeway of Rs 5,000 crore in Kedarnath. The contractor is ready to spend the amount and give Rs 800 crore royalty to the Union government. When the Uttarakhand government asked us to share the royalty, I asked whether they would also share the loss-making units," he said. On domestic investments , Gadkari said he has raised funds through Infrastructure Investment Trust (InvIT) bonds without foreign assistance. "I am not accepting money from foreign countries like Canada or the US. I will build roads from the money raised from the poor people of the country," he said, adding that the share which was at Rs 100 has now jumped to Rs 160 and people will get nearly 18 to 20 per cent returns.
Hans India
4 days ago
- Business
- Hans India
Concern over too much money in too few hands
Ranchi: Union minister Nitin Gadkari on Saturday expressed concern over the "rising" number of poor, and said wealth was getting concentrated in the hands of some affluent people. There is a need for decentralisation of wealth, Gadkari said during an event in Nagpur, where he touched upon a range of issues, including agriculture, manufacturing, taxation and public-private partnerships in infrastructure development. "Slowly the number of poor people is increasing and wealth is getting centralised in the hands of some wealthy people. It should not happen," the road transport and highways minister said. The economy must grow in a manner that creates jobs and uplifts rural areas, he said. "We are looking at an economic option that will create jobs and (give a boost to the) growth of the economy. There is a need for decentralisation of wealth, and many changes have happened in that direction," he said. The senior BJP leader also credited former prime ministers P V Narasimha Rao and Manmohan Singh for adopting liberal economic policies but cautioned against unchecked centralisation. "We have to be worried about it," he added. Referring to India's economic structure, he pointed out the imbalance in sectoral contributions to GDP. "Manufacturing contributes 22-24 percent, services 52-54 percent, while agriculture, despite engaging 65-70 percent of the rural population, contributes only around 12 percent," he said. Invoking Swami Vivekananda, Gadkari said, "Philosophy cannot be taught to someone whose stomach is empty." He highlighted the evolving role of chartered accountants, Gadkari said, "CAs can be the growth engines of the economy. Our economy is changing rapidly. It is not only about filing income tax returns and GST submissions." Talking about the infrastructure development, Gadkari highlighted his own initiatives in the transport sector. "I was the one who started the Build-Operate-Transfer system for road construction," he claimed. There is no shortage of funds for road development, he added. Sometimes I say I do not have a fund crunch but I have a shortage of work," Gadkari said. "Now, we earn nearly Rs 55,000 crore through toll booths and in the next two years, our income will go up to Rs 1.40 lakh crore. If we monetise it for the next 15 years, we will have Rs 12 lakh crore. New toll will add more money to our coffers," he said. The minister also spoke about projects aimed at enhancing regional connectivity and investment. "We are constructing a rope of Rs 5,000 crore in Kedarnath. The contractor is ready to spend the amount and give Rs 800 crore royalty to the Union government. When the Uttarakhand government asked us to share the royalty, I asked whether they would also share the loss-making units," he said. On domestic investments, Gadkari said he has raised funds through Infrastructure Investment Trust (InvIT) bonds without foreign assistance. "I am not accepting money from foreign countries like Canada or the US. I will build roads from the money raised from the poor people of the country," he said, adding that the share which was at Rs 100 has now jumped to Rs 160 and people will get nearly 18 to 20 percent returns.
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Business Standard
09-06-2025
- Business
- Business Standard
NHAI plans to launch public InvIT to increase overall investor base
State-owned NHAI on Monday said it plans to launch a public Infrastructure Investment Trust (InvIT) to increase the overall investor base. Further, NHAI said public InvIT will also cater to retail investors, thereby providing access to infrastructure assets. NHAI had launched a private InvIT and monetised over 2,300 km of highways. An InvIT is a pooled investment vehicle that raises funds from investors by issuing units. Specifically, NHAI said it aims to offer three Toll-Operate-Transfer (ToT) bundles per quarter one small (Rs 2,000 crore), one medium (Rs 5,000 crore), and one large (Rs 9,000 crore) and to conduct one/two InvIT phases each year to cater to a broad spectrum of investors. "NHAI will also assess the market conditions in future and adjust the bundle size accordingly," it added. To attract high-quality institutional investors and investors with expertise in infrastructure management, NHAI said it will develop targeted outreach programmes across geographic locations and investor profiles. NHAI said it has successfully awarded 11 ToT bundles and three phases of InvIT bundles for a combined Rs 75,000 crore from 2017-2018 till date. The ToT Model is structured to attract private capital for management of completed assets, in exchange for toll collection rights. To gain these rights, the concessionaire needs to pay a lump sum amount to NHAI at the start of the concession and also undertake O&M obligations for the asset over the duration of the concession period. Introduced in India in 2014, InvIT is an innovative financing mechanism that offers stable and predictable cash flows, low risk, liquidity, diversification, and tax benefits to investors. Infrastructure asset owners use InvITs to pool funds from a diverse set of investors, who receive cash flow generated by the assets periodically. InvITs are regulated by Securities and Exchange Board of India (Sebi). (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
