India, June 19 -- India's REIT and InvIT market continues to gain scale, with operational assets across listed platforms surpassing 195 million sq ft as of March 2026 and an additional 37 million sq ft in the development pipeline. Office assets remain the dominant segment, accounting for nearly 84% of the operational portfolio, with Bengaluru emerging as the largest market, commanding a 42% share of the office REIT stock. Hyderabad, Mumbai and Delhi-NCR follow, each contributing 12-15%.

Diversification is becoming more pronounced in the retail and industrial-warehousing segments. Reflecting the rise of new consumption and logistics hubs, REIT and InvIT assets are increasingly spreading beyond the major metros.

Tier-II and Tier-III citie...