India’s REIT Market Set to Soar ₹2 Lakh Crore by 2030

India’s Real Estate Investment Trust (REIT) market is on the verge of a transformative growth phase, with projections indicating it could reach ₹2 lakh crore by 2030. According to real estate consultancy ANAROCK, this growth is being driven by strong retail demand, rising institutional participation, and an increasing appetite for organized commercial real estate across the country.

Retail real estate, in particular, is emerging as a key driver of REIT activity. High footfall malls, Grade-A commercial spaces, and premium retail centers are witnessing steady absorption, making them attractive investment destinations for both domestic and foreign investors. ANAROCK’s analysis highlights that retail REITs alone could account for ₹60,000–80,000 crore, representing nearly one-third of the overall REIT market in India.

Institutional interest in Indian REITs has also been on the rise. Pension funds, insurance companies, and other large-scale investors are increasingly seeing REITs as a stable and high-potential asset class. This trend is further bolstered by favorable regulatory frameworks, improved transparency, and better corporate governance practices in the sector.

The growth of REITs is expected to have a broader positive impact on India’s real estate ecosystem. Increased investments are likely to improve liquidity, professional management, and operational efficiency in commercial and retail properties. For developers, REITs provide a viable route to monetize completed assets, freeing capital for new projects.

Experts believe that India’s REIT market is entering a critical phase, where strategic investments and structured growth could position the country as one of Asia’s most dynamic REIT markets. With rising urbanization, evolving consumer behavior, and a growing preference for organized retail, the Indian market is poised to attract further domestic and international capital in the coming years.

As India continues to modernize its commercial real estate landscape, REITs are expected to become a mainstream investment vehicle, offering predictable returns for investors while supporting the overall development of high-quality retail and commercial infrastructure.