My Blogs

I was recently part of a panel discussion on the evolving REIT landscape in India, and I kept thinking of the confluence of regulatory change, new market entrants, and asset-level realities that is creating a moment of genuine reckoning for this asset class. Indian REITs have indeed come a long way. Market capitalisation has crossed Rs 1 lakh crore, distributions have been consistent, and investor confidence has held through a challenging rate cycle. That is a credible track

For two decades, Indian real estate was essentially a six-city story. Mumbai, Delhi NCR, Bengaluru, Pune, Hyderabad, Chennai. The rest of the country, home to over a billion people was treated as an afterthought. It was like a spillover market or a consolation prize for developers who couldn’t crack the metros. That mental model is now obsolete, and the investors who are still operating from it are going to miss one of the most significant wealth-creation opportunities in Ind