in Real EstateNew Asset Class for Retail InvestorsKnow More
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in Range of Real Estate Assets
Fractional Ownership
Professionally ManagedKnow More& Tech Driven
Returns Through Rental Income
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& Asset Appreciation

ImpactR SM-REIT

ImpactR SM REIT is only the second SM REIT registered with SEBI (Security & Exchange Board of India), after the policy announcement in March 2024. Investment manager for the SM REIT is REPL (Rudrabhishek Enterprises Ltd.) which is NSE listed ‘Urban Development & Infrastructure Consultants’, having legacy of more than 30 years in the real estate domain. ImpactR envisions to bring in technology driven approach in the real estate investment which is handled by the seasoned professionals.

REPL: Investment Manager

REPL (Rudrabhishek Enterprises Limited) is a leading consultancy firm in the field of Urban Development, Real Estate & Infrastructure. The company has legacy of more than three decades and is listed at NSE (National Stock Exchange). REPL has now become only the second company in the country to receive registration from Securities and Exchange Board of India (SEBI), to act as ‘Investment Manager’ to ImpactR SM REIT.

REPL has been extensively associated with flagship programs of central and state governments, including nine Smart City projects across the country. The company has worked on all aspects of these smart cities viz., the concept plan, design development and project management. It has proven credential of handling projects right from the ideation stage, design, implementation and its operational aspects. The company has worked on a wide range of real estate projects such as Hi-Tech Cities, Integrated Townships, Residential Complex, Offices, Hotels, Hospitals, Education Institutions etc.

REPL has specialization in identifying right opportunities in real estate space and conceiving projects that are futuristic, sustainable, technologically advanced, and profitable for investors.

What Is SM REIT

The Security and Exchange Board of India (SEBI) announced the regulatory framework for SM REITs (Small & Medium Real Estate Investment Trusts) in March 2024. This is a landmark initiative that will enable the retail investors to get partial ownership of real estate properties through Fractional Ownership Platforms (FOPs). The minimum investment requirement is Rs. 10 Lakh per unit. In this way, it opens a new asset class of investment for a large number of retail investors. This also enables the investment in variety of real estate properties which were nearly impossible for the retail investors, such as Hotels, Warehouses, Malls, Office Complexes, Retail Chains, SEZs etc.

Salient Features of SM-REIT

Regulated by SEBI

Listed at Stock Exchange (NSE/BSE)

Managed by Professional
Investment Manager

SM-REIT Size in Range of INR
50 Cr to INR 500 Cr

SPV income through rent or
property sales

Investment in Completed and Revenue Generating Properties

Quarterly Payout to Unitholders

Benefits of Investing in SM REIT

Fractional Ownership of Properties

Opportunity to Invest in Real Estate with Smaller Amount (10 Lakh+)

Can Invest in Large Range of Properties (Residential, Commercial, Office, Warehouse etc.)

Capital Appreciation of Professionally Manages Properties

Regular Rental Income

Investment Portfolio Diversification

Traded on Stock Exchange (NSE/BSE)

Higher Liquidity despite Investing in Real Estate

Who Can Invest in SM-REIT

Retail Individual Investors

High Net-worth Individuals

Non-Resident Indians (NRIs)

Overseas Citizens of India

Institutional Investors

Management Team

ImpactR and REPL have in-house team of seasoned professionals who are capable of handling different aspects of Real Estate projects and understanding its complexity.

The team comprises of financial experts, designers, engineers, project managers and operation experts. The team has expertise in identifying profitable real estate projects, developing it with the cost optimized and tech driven approach and subsequently managing its operations in thoroughly professional manner to maximize the return of investors.

The management has strong grip over the project costing & budgeting, cash flow control, profitability and income generation avenues from the project. The leaders have special edge in raising funds for the project and designing it in such a way that it becomes a sustained revenue generating stream.

Mr. Pradeep Misra
MD

Mr. Misra has proven track record of industry leadership and entrepreneurial abilities. Over the period of 30+ years, he has built up and nurtured many institutions, steered companies to market leadership positions and played crucial roles in large scale infrastructure, real estate, construction and consultancy projects.

Front Face
Mr. Kunal Sawhney
CEO

He has a unique set of exposure which includes legal expertise and management of diverse real estate projects. Over more than 12 years, he is managing real estate projects in both residential and commercial segments. He has LLB from Jamia Millia and Masters in Business Law from BVU, Pune.

Front Face
Mr. Kundan Singh
CFO

CA with 20 years industry experience, he is well versed with accounting, taxations, internal audit, and equity valuation. For various real estate projects, he has been managing investment, cash flow, and revenue.

Mr. Rahas Panda
Investment Expert

Secretarial and legal affairs professional with over 20 years of experience. Well-versed with Mergers and Acquisitions, Companies Act, SEBI Act, Banking Regulations, etc. He has exceptional skills of mobilizing funds and handling investor’s relations.

Front Image
Mr. Manoj Kumar
Finance Expert

A seasoned finance professional with more than 25 years of diverse experience. He has high level expertise in managing all aspects of accounting, budgeting, financing, strategic planning, cost reduction and risk management.

Board of Directors

Mr. Pradeep MisraDirector

Mr. Misra has proven track record of industry leadership and entrepreneurial abilities. Over the period of 30+ years, he has built up and nurtured many institutions, steered companies to market leadership positions and played crucial roles in large scale infrastructure, real estate, construction and consultancy projects.

Ms. Richa MisraDirector

Being very active member of REPL board of directors, she is very instrumental in all key strategic decision on REPL business which constitutes of multiple Real Estate projects. She overviews the internal audit process on regular basis and, possesses in-depth knowledge of taxation compliance & corporate governance

Mr. Vinod TikuDirector

Has around 25 years’ experience in Real estate sector. He has been associated with companies working in real-estate sector and Engineering Consultancy. He is graduated in B.Sc. (Civil Engineering) from R.E.C Kurukshetra University.

Mr. Himanshu GargDirector

With 30+ years of experience in operations leadership roles at various organizations, he specializes in business performance, monitoring operations, digital transformation and strategy. He has handled senior level assignments with CI India, DuPont and Bausch+Lomb. His last assignment was with a PE company, FIRE Capital Fund, focused on Indian Real Estate.

Mr. Tarun JainDirector

He is a fellow member of The Institute of Chartered Accountants of India since 2011. He has over 13 years of experience in the industry with large Corporate MNCs as well as Indian groups. He has vast experience in the Statutory / Tax / Internal Audits of major corporate clients also academically updated with Certificate in IFRS from ICAI.

Mr. Prajjwal MisraDirector

He spearheads the tech-driven initiatives of REPL group and ensures that the company’s projects are futuristic in terms of advance technological applications and innovations. He holds civil engineering degree from University of California Davis and MS from Columbia University. He has in-depth knowledge of diverse technical domains including DA, ML, BIM and ERP applications.

Ms. Shikha ChawlaDirector

Shikha Chawla is Fellow member of Institute of Company Secretaries of India (ICS I) and holds a B.Com degree from DU. She has more than 10 years of significant experience in corporate law, regulatory compliance, due diligence & corporate governance matters and has extensive experience in handling IPOs.