IPO to help Jhunjhunwala family beat bank FD returns with 7% payout. Here's how

Jhunjhunwala family's Rs 195 cr anchor investment in Knowledge Realty Trust REIT is set to yield Rs 13.65 cr annually in FY27 at a 7% payout, higher than SBI's FD rates.

REIT IPO sees strong demand, subscribed 6.91 times, with proceeds used to repay Rs 4,640 cr debt.

Knowledge Realty Trust holds 46.3 msf of Grade A commercial assets across top Indian cities, with 91% occupancy.

Falling interest rate regime and tax efficiency make REITs an attractive income-generating alternative to FDs for investors.