Grade A office parks and towers leased to global capability centres, banks and tech firms - mostly owned through listed REITs.
K Raheja Corp-sponsored office REIT in Mumbai, Hyderabad, Pune and Chennai
n/m = not meaningful for a REIT. REITs pass at least 90% of their distributable cash flow to unitholders as distributions, mostly as interest and repayment of debt from their property companies rather than dividends. Screener's dividend yield counts only the dividend part, and heavy depreciation on the buildings depresses reported profit, so P/E, ROE and dividend yield are not meaningful here. Use the trust's distribution per unit (in its quarterly results) for yield.
Note: REIT: most of the payout is interest and debt repayment rather than dividend, so P/E, ROE and dividend yield don't reflect what unitholders receive (see the trust's distribution per unit)
Market cap, ratios, CAGR and revenue: company table snapshot as of 30 Oct 2026 (the same figures on every page). Price: snapshot as of 30 Oct 2026. Not investment advice.
Owns and leases Grade A office parks on 5-15 year leases with ~15% rent increases every three years, and passes at least 90% of distributable cash to unitholders when held in a REIT.
Offices are the most institutional part of Indian real estate and the base of the REIT market. GCCs - offshore hubs of global companies - now take about 40% of leasing, giving landlords long leases from strong tenants.
NOI margins of roughly 75-85% and long leases make this an annuity-like profit pool. Growth comes from filling vacant space, marking expiring rents to market (re-leasing spreads), building on spare land and buying completed assets from sponsors.