Indian REITs poised for expansion despite global uncertainties

India's REIT sector is demonstrating considerable resilience and remains positioned for substantial growth despite ongoing geopolitical tensions in West Asia, credit rating agency CareEdge said. The sector's asset base is projected to surge from nearly $33 billion currently to over $50 billion by 2031, reflecting growing investor confidence and regulatory expansion. The anticipated growth trajectory underscores the increasing maturity of India's real estate investment trust market and its attractiveness to domestic and international investors seeking stable returns from India's commercial real estate sector. Over 150 million square feet of office space is expected to become REIT-eligible during this period, significantly expanding the investment universe available to REIT funds and broadening their portfolio options across major Indian cities. The projection suggests that despite macroeconomic headwinds and regional geopolitical risks, India's REIT market will continue to attract capital and drive asset growth, supported by steady corporate demand for quality office spaces and robust underlying real estate fundamentals.