India's Leap Towards Sustainable & Innovative Workspace Design
- Industry News
- March 13, 2024

India’s SM REIT market is poised to surpass $75 billion, driven by 500 million sq. ft. of office, retail, and logistics assets. CBRE highlights SM REITs as a game-changing model that offers fractional ownership, improved governance, and broader investor access. SEBI’s regulations and rising institutional interest are accelerating this transformation in commercial real estate.
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India’s REIT market holds immense untapped potential, with only 23% of its 520 million sq. ft. of REIT-worthy office space currently listed. As leasing activity surges and older office stock is upgraded, cities like Bengaluru, Hyderabad, and Delhi-NCR are becoming key hubs for future REIT expansion, Anarock Research reports.
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India’s REIT market is on a strong growth trajectory, expanding beyond office spaces into retail and hospitality. Backed by stable financials, rising demand for Grade A assets, and supportive regulations like Small and Medium REITs, the sector is set to attract broader investor interest across major and emerging cities.
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