New Delhi, Feb. 10 -- The Indian REITs Association (IRA) has expressed strong support for the Reserve Bank of India's recent decision to permit banks to lend money directly to Real Estate Investment Trusts.

Announced by RBI Governor Sanjay Malhotra during the latest Monetary Policy Committee meeting, this policy shift is expected to provide the commercial real estate sector with much-needed access to stable, long-term capital. According to the association, "This landmark move strengthens the financial framework for REITs and supports their long-term growth."

A major highlight of this decision is the stability it brings to how REITs manage their money. Because these trusts own large assets like office buildings and malls that earn income...