Huge Upside Potential for REITs in India, INR 4.5 Lakh Cr Worth of Prime Office Stock Identified as REIT-Worthy

A new report from Vestian reveals that ₹4.5 lakh crore worth of Grade-A office space in India is REIT-worthy, offering substantial growth potential for the sector. Despite being in its early stages, India’s REIT market is growing rapidly, driven by high demand for office space, sustainability, and a favorable regulatory environment. The report also highlights key cities, including Bengaluru and Hyderabad, leading in REIT-worthy stock.

Strong Performance in India’s Commercial Real Estate Market in H1 2024 Driven by Infrastructure, Demand, and Optimism

India’s commercial real estate market showed positive growth in the first half of 2024, driven by strong demand for office spaces in key cities like Mumbai, NCR, Bengaluru, and Chennai. Infrastructure development, economic recovery, and evolving work models are fueling leasing activity across the country.