Real Estate Investment in REITs: Pros, cons and interest rate expectations Updated : August 24, 2018 12:50 PM IST Just like mutual funds, REITs are investment vehicles that own, operate and manage a portfolio of income-generating properties for regular returns. A realistic ROI expectation would be in the range of 7-8 percent annually, post adjustment of the fund management fee. On the flipside, a plethora of taxes have currently made REITs more than a little unattractive in India. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.