Indian REITs Cross ₹1 Lakh Cr in Market Capitalisation

Mumbai, August 8, 2025: The real estate investment trusts (REITs) market has reached a major milestone with the combined market capitalisation of all four listed REITs crossing INR 1 lakh crore as of the market close on July 30. The achievement highlights the sector’s strong growth trajectory and its increasing significance within India’s financial ecosystem.

India’s four publicly listed REITs are Brookfield India Real Estate Trust, Embassy Office Parks REIT, Mindspace Business Parks REIT and Nexus Select Trust.

The achievement reflects strong confidence from both institutional and retail investors in India’s formal commercial real estate sector. It also signals increasing depth and liquidity in the REIT market, making it one of the attractive and efficient investment instruments for investors seeking stable, income-generating assets.

The impressive rise in market capitalisation has been supported by sustained investor interest, healthy occupancy levels across underlying properties, consistent distributions to unitholders and enabling regulatory reforms. As a result, REITs are now firmly positioned as a mainstream asset class in capital markets, offering a compelling alternative to traditional investment vehicles.

Since their introduction in 2019, REITs have transformed access to income-generating real estate assets. They offer investors a transparent, regulated and liquid structure to participate directly in the country’s dynamic real estate growth story.

Alok Aggarwal, MD and CEO, Brookfield India Real Estate Trust, and Chairman, Indian REITs Association, said, “We welcome this significant milestone as evidence of the sector’s resilience, maturity and potential. This fiscal year has commenced on a strong footing driven by robust leasing momentum, high occupancy levels and sustained growth in distributions for the sector.”

He added, “This positive start positions us well for another successful year. As REITs continue to scale and attract long-term capital, their growing market capitalisation is expected to further enhance liquidity—benefiting issuers through improved access to capital, and investors through increased trading volumes and tighter spreads.”
 
According to the Q4 FY25 data, the REIT market manages gross AUM exceeding INR 1.63 lakh crore. The four REITs collectively operate over 128 million square feet of Grade A office and retail real estate across key urban centres. Since their respective inceptions, these REITs have distributed a cumulative total of over INR 22,800 crore to unitholders, underlining their growing appeal among both institutional and retail investors.

The Indian REITs Association is a non-profit industry body established with the support of SEBI and the finance ministry. The four REITs are the founding members of the Association.