Real Estate Investment Trusts (REITs) are investment vehicles that allow individuals to invest in real estate without owning physical properties. In India, REITs are gaining traction as they provide a way to earn rental income and benefit from property appreciation. According to Kalp Jain, a Research Analyst at INVasset PMS, REITs aggregate funds from multiple investors to acquire and manage income-generating properties, distributing at least 90% of net cash flows to unitholders as mandated by the Securities and Exchange Board of India (SEBI). Currently, several publicly listed REITs, including Embassy Office Parks REIT and Mindspace Business Parks REIT, have collectively distributed over ₹2,450 crore (approximately $295 million USD) to over 3.8 lakh (380,000) unitholders in the third quarter of FY26. The model also involves leveraging debt markets for refinancing and expansion, as demonstrated by Mindspace REIT's recent ₹500 crore (approximately $60 million USD) acquisition through non-convertible debentures. Key characteristics of REITs include professional management, diversification, and regulatory oversight, which protect investors and ensure transparency. Investors can enter the REIT market through direct purchases on stock exchanges, REIT ETFs, or real estate-focused mutual funds.