Market cap of 5 listed REITs crosses ₹1.5 lakh crore milestone

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India’s REIT market has moved beyond its early phase to become a reliable investment avenue for both institutional and retail investor, said Alok Aggarwal, MD & CEO, Brookfield India Real Estate Trust.
Market cap of 5 listed REITs crosses ₹1.5 lakh crore milestone
The data showed that Indian real estate and infrastructure investment landscape has gained strong traction with REITs and Infrastructure Investment Trust (InvITs), emerging as attractive avenues for investors. Credits: Alamy

The Indian Real Estate Investment Trusts (REITs) market has achieved a significant milestone, with the total market capitalisation of all five listed REITs has crossed ₹1.5 lakh crore, said Alok Aggarwal, MD & CEO, Brookfield India Real Estate Trust. 

The five listed REITs are Brookfield India Real Estate Trust, Embassy Office Parks REIT, Mindspace Business Parks REIT, Nexus Select Trust, and new listed Knowledge Realty Trust.

Aggarwal said India’s REIT market has moved beyond its early phase to become a reliable investment avenue for both institutional and retail investor.

"Since their inception, these first four REITs have distributed more than ₹24,300 crore to unitholders till Q1 FY26, demonstrating steady cash generation and disciplined governance,"
said Alok Aggarwal, MD & CEO, Brookfield India Real Estate Trust

“Since their inception, these first four REITs have distributed more than ₹24,300 crore to unitholders till Q1 FY26, demonstrating steady cash generation and disciplined governance," he added. 

As per Indian REITs Association report, total distributions by the four REITs were ₹1,559 crore to over 2.7 lakh unitholders during the first quarter of the current financial year (Q1 FY26), marking a year-on-year increase of over 13% compared to ₹1,371 crore distributed in Q1 FY25

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The data showed that Indian real estate and infrastructure investment landscape has gained strong traction with REITs and Infrastructure Investment Trust (InvITs), emerging as attractive avenues for investors.

REITs are tax-efficient investment vehicles and distribute at least 90% of their net distributable cash flows on a semi-annual basis. Investors can purchase units for as low as ₹100-500 per unit.

As of Q4 FY25, the Indian REIT market had an AUM of ₹2.25 lakh crore, while the combined market capitalisation of the five listed REITs crossed ₹1.5 lakh crore on August 18, 2025. Together, these REITs manage a portfolio of over 175 million square feet of Grade A office and retail space as of Q1 FY26.

InvITs market cap crosses ₹2.4 lakh crore

On the other hand, InvITs provide exposure to a wider set of infrastructure assets, including roads, power transmission and generation, pipelines, telecom, optical fibre, and warehousing. They are also tax-efficient and, like REITs, must distribute at least 90% of their net distributable cash flows semi-annually.

As of March 2025, InvITs manage gross assets worth over ₹7 lakh crore, with a market capitalisation exceeding ₹2.4 lakh crore. Since inception InvITs have cumulatively distributed over ₹68,000 crore to unitholders till March 2025.

InvITs distributed a total of ₹24,267 crore to unitholders in FY25, reaffirming their ability to generate regular, predictable cash flows for investors.

With the Government of India’s ambitious national infrastructure pipeline and visionary national monetisation pipeline, InvITs have the potential to achieve an AUM of ₹21 lakh crore by 2030, as per Indian REITs Association report.

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