Mumbai: India’s overall Real Estate Investment Trust (REIT) market is projected to reach Rs 2 lakh crore by 2030, with the retail segment alone estimated at Rs 60,000-80,000 crore, according to ANAROCK Property Consultants Pvt Ltd.

ANAROCK Research data shows that the Indian retail REIT market could account for roughly 30-40% of the total REIT universe by 2030, translating to a USD 25 billion (Rs 2 lakh crore) market.

“Currently, out of the five listed REITs in India, four are office-focused and only one — Nexus Select Trust — is retail-centric. With Grade A malls maturing into stable, income-generating assets, we expect 2-3 retail REITs to launch over the next 3-5 years,” said Anuj Kejriwal, CEO & MD of ANAROCK Retail. “Our estimate assumes only partial listings of institutional portfol

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