India's REIT Market Poised for Massive Growth Post-2025 Reforms

• India's REIT market reached a $18 billion market cap with five listed trusts by 2025, marking significant growth.
• Upcoming January 2026 reforms will reclassify REITs as equities, aligning with global standards and attracting substantial institutional investment.
• Despite strong distribution yields (6-7%) and capital appreciation (3-5%) outperforming global peers, the sector faces 10-16% vacancy levels.
• Demand for Grade A office space, driven by Global Capability Centres (GCCs), remains robust with 23 million sq ft under construction.
• The market is projected to exceed $30 billion, with Small and Medium REITs (SM REITs) potentially adding another $75 billion.

Why It Matters: India's REIT market is set for explosive growth driven by reforms and new investment.