Top REIT Stocks in India (2026)
India’s REIT market has grown steadily since its first listing in 2019 and now sits alongside traditional realty stocks as a listed route to real estate exposure. As of Q3 FY26, India’s five listed REITs had gross AUM of over ₹2,50,000 cr. The sector continues to expand across offices, retail, warehousing, logistics, and data centres, supported by regulatory changes and institutional participation.
Top REIT Stocks in India for 2026
Thursday, 29 October, 2026
| symbol | Company | ticker | slug | Sector | Market Price | 52W High | 52W Low | Market Cap (Cr.) | PE Ratio | Industry PE | PB Ratio | Div. Yield (%) | ROE (%) | 1YReturns | 3YReturns | 5YReturns | Market Cap Label | Industry Group | Industry | Sub Industry | percentageChange |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BIRE | Brookfield India Real Estate Trust | BIRET | /stocks/brookfield-india-real-estate-trust-BIRE | Real Estate | 307.87 | 375.69 | 300.00 | 25,549.54 | 53.09 | 40.14 | 1.31 | 6.28 | 2.71 | -10.50 | 28.85 | 7.29 | Smallcap | Equity Real Estate Investment Trusts (REITs) | Real Estate | Office REITs | 0.24 |
| EMBA | Embassy Office Parks REIT | EMBASSY | /stocks/embassy-office-parks-reit-EMBA | Real Estate | 414.45 | 462.00 | 410.15 | 39,285.46 | 116.04 | 40.14 | 1.89 | 6.10 | 1.56 | -2.55 | 33.71 | 18.04 | Midcap | Equity Real Estate Investment Trusts (REITs) | Real Estate | Office REITs | 0.17 |
| MINS | Mindspace Business Parks REIT | MINDSPACE | /stocks/mindspace-business-parks-reit-MINS | Real Estate | 483.13 | 525.50 | 441.01 | 31,982.89 | 49.06 | 40.14 | 2.02 | 4.88 | 4.26 | 4.47 | 55.99 | 46.24 | Smallcap | Equity Real Estate Investment Trusts (REITs) | Real Estate | Office REITs | -1.44 |
| NXS | Nexus Select Trust | NXST | /stocks/nexus-select-trust-NXS | Real Estate | 156.85 | 191.90 | 150.00 | 23,762.78 | 58.90 | 40.14 | 1.80 | 5.01 | 2.95 | -4.92 | 25.42 | 50.40 | Smallcap | Equity Real Estate Investment Trusts (REITs) | Real Estate | Retail REITs | -0.68 |
Disclaimer: Please note that the above list is for educational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing.
Note: The data in the above table is dynamic in nature and subject to real-time changes. This data is derived from Tickertape Stock Screener.
Selection Criteria – Sub-sector: Real Estate | Market Cap: Sorted from Highest to Lowest
Explore screensWhat is a REIT in India?
REITs in India, or Real Estate Investment Trusts, are companies that own and manage real estate properties to earn income. These companies handle high-value properties, such as offices, malls, or apartments, and generate money by leasing them out. The rent collected from these properties is then shared with shareholders as income or dividends.
What are REIT Stocks?
REIT stocks are shares of companies called Real Estate Investment Trusts (REITs). REIT stocks allow shareholders to indirectly own a portion of the REIT’s real estate portfolio, which includes properties such as offices, retail centres, and hospitals.
Overview of Top REIT Stocks in India
- Embassy Office Parks REIT: India’s first publicly listed REIT. It owns and manages office parks and buildings in major cities like Bengaluru, Mumbai, Pune, NCR, and Chennai.
- Mindspace Business Parks REIT: Mindspace Business Parks REIT owns high-quality office parks and business buildings across cities such as Mumbai, Hyderabad, Pune, and Chennai.
- Nexus Select Trust: Nexus Select Trust is the first publicly listed REIT in India that focuses on retail real estate, including large shopping malls. Its properties are located in major urban areas across India, providing retail and office spaces.
- Brookfield India Real Estate Trust: Brookfield India Real Estate Trust owns office spaces and is managed by Brookfield Asset Management, focusing on high-quality office parks in prime locations.
How to Invest in REIT Stocks in India?
Here is how you can invest in the best REIT stocks:
- Open a demat/trading/stockbroker account. You can open a demat account with smallcase!
- Conduct thorough research into the top REIT stocks in India using Tickertape Stocks Screener. The screener offers over 200 built-in filters, allowing investors to select parameters and generate a list of REIT stocks.
- Place a ‘Buy’ Order on the top REIT stocks that align with your investment thesis.
Types of REITs in India
- Equity: Equity REITs in India primarily focus on owning and managing income-producing commercial properties. Rent is a major source of income in this area, making REITs in India a popular investment choice.
- Mortgage: Mortgage REITs, commonly known as “mREITs,” are associated with lending money to proprietors and extending mortgage facilities. These SEBI-registered REITs earn income by charging interest on the funds they lend to business owners.
- Hybrid: Hybrid REITs allow investors to diversify their portfolios by investing in both equity and mortgage REITs.
- Private REITs: Private REITs are real estate funds or companies that are not traded on national securities exchanges and are not registered under SEBI’s REIT regulations in India.
- Publicly Traded REITs: Real estate investment trust shares are traded on the National Securities Exchange and registered with the Securities & Exchange Board of India.
- Public Non-Traded REITs: Non-traded REITs that are publicly traded are not traded on the National Stock Exchange but are registered with SEBI.
Benefits of Investing in REIT Sector Stocks
- Rental Income: Mindspace REIT reported ₹788 cr of net operating income and ₹6.67 distribution per unit in Q1 FY27, showing how leased commercial assets can generate recurring cash flows.
- High Occupancy: Mindspace REIT’s committed occupancy stood at 95.8% in June 2026, excluding recently acquired assets. High occupancy can support rent collections and reduce earnings pressure from vacant office space.
- Long Leases: Mindspace REIT reported a 7.3-year weighted average lease expiry in June 2026. Longer leases can provide better visibility over rental income than businesses dependent on short-term customer demand.
- Listed Access: REIT units trade on recognised stock exchanges, providing exposure to income-generating commercial property without direct property ownership, large-ticket purchases or responsibility for day-to-day asset management.
Risks of Investing in REIT Stocks
- Occupancy Risk: Mindspace REIT’s occupancy was 92.1% including newly acquired Chennai assets in June 2026. Lower office demand or tenant exits can therefore reduce rental income and property-level operating performance.
- Debt Exposure: Mindspace REIT’s net debt-to-market value stood at 29.7% in June 2026. Higher borrowing costs can pressure distributable cash flows when interest rates rise or refinancing becomes more expensive.
- Tenant Concentration: About 73% of Mindspace REIT’s contracted rents came from foreign multinational companies. Weak global hiring or office consolidation could affect leasing demand across technology-heavy commercial property portfolios.
- Unit Volatility: REIT units trade in the market like listed securities. Their prices can move with interest-rate expectations, property valuations, occupancy trends and broader equity-market sentiment despite relatively stable rental income.
Factors to Consider Before Investing in REIT Stocks
- Lease Expiry: Mindspace REIT’s weighted average lease expiry was 7.3 years in June 2026. Longer remaining leases can improve revenue visibility, while shorter expiries increase exposure to renegotiation and vacancy risk.
- Rent Repricing: Mindspace REIT reported 19.6% mark-to-market potential and a 10.7% re-leasing spread in Q1 FY27. These metrics indicate how much rental growth existing leases may still capture.
- Distribution Yield: Embassy REIT reported a 6.3% distribution yield based on FY27 midpoint guidance in June 2026. Yield levels can move with unit prices, cash distributions and interest-rate expectations.
- Property Pipeline: Mindspace REIT had 10.2 mn sq ft under construction and future development in June 2026. New supply can support growth, but also adds leasing, capital-expenditure and execution risk.
Who Can Consider Investing in REIT Stocks?
- Investors Looking to Diversify: REITs can offer exposure to real estate, helping investors broaden their portfolios beyond traditional stocks and bonds.
- Passive Income Seekers: Since SEBI-registered REITs are required to distribute a significant portion of their income, they can provide regular dividend payments for those looking for passive income.
- Those Looking for Liquidity: Unlike direct real estate investments, REITs are traded on stock exchanges. Investors who want exposure to real estate but prefer the ability to buy or sell their investments easily may find REIT stocks appealing.
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To Wrap It Up…
REIT stocks in India offer a listed route to gain exposure to real estate assets such as offices, retail spaces, warehousing, logistics and data centres. They let investors track factors such as rental income, occupancy levels, asset quality, and distribution trends in the real estate market. Investors looking to explore diversified real estate portfolios can also consider smallcase that provide exposure to REITs and related themes.
However, REITs carry risks related to market movements, interest rates, occupancy levels, valuations and regulatory changes. Investors should review factors such as the REIT’s portfolio, debt levels, yield, lease profile and tax implications, and consult a financial advisor before making any investment decision.
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Frequently Asked Questions About REITs Sector Stocks
1. What is a REIT?
A REIT, or Real Estate Investment Trust, is an investment vehicle that owns or manages income-generating real estate such as offices, malls or commercial properties. Investors can access these assets through listed REIT units without directly buying or managing property.
2. What are REIT stocks?
REITs full form is Real Estate Investment Trusts. These are investment vehicles that own and manage income-generating real estate properties. Investing in REIT stocks gives individuals access to large-scale real estate assets without directly purchasing property.
3. Which REIT share is best?
The following are the listed REITs in India with relatively large market capitalisation as of 23rd October 2026:
- Embassy Office Parks REIT
- Mindspace Business Parks REIT
- Nexus Select Trust
Disclaimer: Please note that the above-listed REITs in India are for educational purposes only, and is not recommendatory.
4. What are the four REITs in India?
India previously had four listed REITs. Embassy Office Parks REIT, Mindspace Business Parks REIT, Brookfield India Real Estate Trust and Nexus Select Trust. As of 2026, there are five REITs in India, including Knowledge Realty Trust.
5. Is it good to invest in REIT stocks?
Whether REIT stocks in India are suitable depends on factors such as asset quality, occupancy, tenant mix, management quality, interest rates and distribution history.
Disclaimer: This is for informational purposes only and not investment advice. REITs are subject to market risks. Please consult a financial advisor before investing.
6. What are the factors that influence the REIT share price?
The REIT share price can be influenced by interest rates, occupancy levels, rental growth, distributions, market sentiment, property valuations and economic conditions.
7. Is it a good time to explore REIT investments?
Timing depends on market conditions, interest rates, property demand and the performance of listed trusts. Tracking REITs returns in India can provide context on historical sector performance across different market cycles.
Disclaimer: This is for informational purposes only and not investment advice. REIT performance can change with market conditions and interest rates. Please consult a financial advisor before investing.
8. Is REIT better than FD?
REITs and FDs serve different purposes. REITs provide market-linked real estate exposure, while FDs offer predetermined returns over a selected tenure.
Disclaimer: This is for educational purposes only and not investment advice. The suitable option depends on income needs, risk appetite, liquidity needs, tax position, and investment horizon.
