Key recommendations for changes in tax policies for REITs / InvITs

Over the years, the Indian Infrastructure and real estate sector has experienced a significant transformation, with the emergence of Real Estate Investment Trusts (REITs) and Infrastructure Investment Funds (InvITs), playing a pivotal role in revitalizing the industry. Aided by the Government’s thrust on infrastructure development and employment creation, REITs / InvITs hold the potential to grow significantly from their present status of aggregate gross Assets Under Management (AUM) of over ₹5,50,000 crore and market capitalization of over ₹1,00,000 crore. To help realise further potential, AMCHAM has presented recommendations for the Government of India to consider suggestions put forward by US Industry in this sector.