Real Estate Investment Trusts (REITs) are the safest way to hold a stake in real estate amid the country’s encouraging growth rate that can make India the world’s largest investment region in the sector in two decades, experts said.
Speakers at Money Conclave 2024 in the city noted that investments in real estate required a visionary approach to excel, highlighted the reliability of REITs as companies that own and even operate income-generating real estate.
“In another 20 years, India will become the most demanding real estate sector in the world,” Google India Head (Real Estate) Ganesh Parameswaran said.
Tata Realty CEO Sanjay Dutt termed Kochi as one of the most promising cities in the country’s real estate sector.