Bengaluru, Hyderabad, Chennai hold 62% of total office space portfolio owned by listed REITs
Indian cities are showing a strong trend in real estate investment, with four major locations accounting for sixty-two percent of all listed REITs' office spaces. Bengaluru tops the chart with twenty-seven percent of its office area under REITs. Hyderabad and Mumbai also exhibit notable levels of REIT activity. Additionally, retail and warehousing REITs are broadening the scope of institutional ownership, signifying the vital role real estate plays in India's growth.
