Bagmane Prime Office REIT raises ₹3,405 cr for Mumbai listing
NewsBytes | May 14, 2026 12:39 PM CST
REITs outperform Nifty, deliver 15-26% returns
Bagmane REIT is set to start trading in Mumbai on Thursday as India's sixth listed REIT and commanding a 5% gray market premium, signaling investor excitement.
Its success could help revive India's sluggish IPO scene.
Plus, REITs have been outperforming the Nifty index lately, delivering annual returns between 15% and 26%, while the Nifty actually dropped by 3.5%.
That steady income from commercial leases is clearly catching investors' eyes right now.
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