The Real Estate Investment Trusts (REITs) have provided an opportunity for fractional ownership in
expensive real estate properties to even small investors. The first REIT was listed in Bharat post-
demonetization and post-GST implementation. The Embassy Office Park was the first REIT to be listed in
the month of March 2019 on the National Stock Exchange of India (NSE). Blackstone, an American
investment banker had a huge stake in this indigenous REIT and later they diluted their stake after
making a lot of money in a short duration of time. The listed REITs to the general public behave like a
mutual fund as there is no lock-in period and the investors can sell and buy it on stock exchanges
whenever the stock market is open for business. The ownership gets transferred easily and the
monetary transaction happens smoothly. It’s simply unimaginable to sell or buy and get the monetary
transactions completed in a single day by just sitting at home before the year 2019 in the real estate
business and that too in commercial real estate buildings. It’s possible today.  The awareness about REIT
is lacking among the investors of real estate and this lacking is providing an opportunity for foreign
investment bankers to make money easily. The foreign money-making machines like Black-Stone and
Black-Rock have to be dispersed by our indigenous “Kala Pathar” i.e., indigenous money of small
investors.