India's REIT market just crossed ₹1 trillion—here's why it matters
India's Real Estate Investment Trust (REIT) market has hit the ₹1 trillion mark for the first time—a big step for real estate investing here.
Experts think this momentum will keep going, with projections showing the market could reach a whopping ₹10.8 trillion by 2029 in top cities.
More mutual funds and insurance companies are getting involved too, making REITs a much more mainstream way to invest.
Why young investors might want to pay attention
REITs are showing steady growth, with returns (distribution yields) expected around 6-7% this year.
Some major players like Nexus Select Trust have seen their income grow at 6% annually since last year, while Brookfield ramped up from four to 11 properties and posted a huge 31% growth rate.
With plenty of borrowing power left and rising demand for office and retail spaces as cities expand, REITs are shaping up as a solid investment option.