New Delhi, March 27 -- As India moves closer to a $5 trillion economy, investor perspectives on real estate are evolving. The country is no longer just a hub of office buildings and services; it is becoming a global engine for manufacturing, high-speed delivery, and consumer spending. This economic shift is driving the evolution of Real Estate Investment Trusts (REITs). Today's REITs, built on strong foundations of established office parks and leading retail properties, are no longer just landlords; they are transforming into multi-asset powerhouses aiming to capture every opportunity in India's growth story.

Currently, the Indian REIT market is dominated by a few key players, including major office-focused trusts and a retail pioneer. M...