RBI Alters Valuation Norms for REIT and InvIT Units Held by Regulated Entities

26 September 2026National

The Reserve Bank of India (RBI) issued directions on 22 September 2026, effective immediately, altering valuation norms for units of Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs). The directions apply to commercial banks, All India Financial Institutions (AIFIs), Small Finance Banks, Payments Banks and Local Area Banks, and are intended to remove ambiguity and ensure uniform valuation practice across institutions. Separately, India's REIT market has reached USD 17.7 billion, overtaking Hong Kong to become Asia's fourth largest, while RBI's special US dollar-rupee forex swap facility attracted USD 143.596 billion of foreign currency inflows by 18 September 2026.

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RBI was established on 1 April 1935 and nationalised on 1 January 1949 | REITs and InvITs in India are regulated by SEBI | SEBI was set up in 1988 and given statutory powers by the SEBI Act, 1992

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