India REIT boom set to double by 2030
India’s real estate investment trust market is expected to grow from Rs 10.4 lakh crore in 2025 to Rs 19.7 lakh crore by 2030, driven by strong occupancy, tax benefits, and wider sector coverage. A report released on Friday by Knight Frank India and the Confederation of Indian Industry highlights rising private equity interest since 2011, which has boosted transparency and institutional trust in commercial real estate.
The report notes India’s office stock exceeds 1 billion square feet, making it the world’s fourth largest. Organized retail consumption is valued at Rs 8.8 lakh crore in FY 2025, led by shopping centers and high streets. REITs may soon expand into industrial parks, data centers, and the hospitality sector. Listed REITs offer average annual dividend yields of about 5.5 percent.
India has five listed REITs covering 177 million square feet across operational and upcoming assets worth Rs 2.3 lakh crore, with over 290,000 unitholders. REITs enable investors to earn rental income and potentially capitalize on capital gains without directly managing properties.

