ABOUT US

The Indian REITs Association (‘IRA’), is a non-profit trade organisation formed under the guidance of the Securities and Exchange Board of India (SEBI) and Ministry of Finance, committed to advancing the growth and development of the Real Estate Investment Trust (REIT) sector in India.

IRA will closely collaborate with SEBI, the primary REIT regulator, to advocate for both business and investor interests while adhering to regulations.

The IRA aims to be a body of integrity and excellence, and foster industry best practices that are benchmarked to leading global REIT standards. Its members include Brookfield India Real Estate Trust, Embassy Office Parks REIT, Mindspace Business Parks REIT, Nexus Select Trust, Knowledge Realty Trust, and Bagmane Prime Office REIT.

Our Purpose

To enhance and develop the REIT market in India by maintaining highest standards of professionalism and governance, and to protect and promote the interests of the REITs and its unitholders.

Our Objectives

01

Enhance and Develop REIT Market in India:

  • To deepen the capital markets (both equity and debt) which can facilitate growth of REITs in India
  • To strengthen the operating environment to attract investments and make the REITs market competitive
  • To promote and enhance the policy and regulatory environment for Indian REIT market by engaging with the regulators, policy makers and other agencies

02

Market Growth through Governance and Best Practices

  • Develop standards that imbibe international best practices to gain prominence in global capital markets
  • To recommend and promote best business practices and governance standards
  • Improve transparency
  • Facilitate and encourage dissemination of information, data, research and knowledge to increase governance and professional standards

03

Increase Stakeholder awareness and engagement

  • To undertake investor awareness programs to promote better understanding of REITs amongst all stakeholders.
  • To encourage knowledge sharing
  • Facilitate & encourage understanding on REITs through quality research studies, whitepapers, etc.
  • Introduce programs, courses and workshops for its members and other stakeholders to improve understanding of REITs

Indian REIT Landscape

Grown significantly in a short span since the listing of India’s first REIT in April 2019

₹3,30,000 Cr+

Gross AUM(1)

AAA

Credit Ratings

6

Listed REITs in India

₹49,000 Cr+

Equity Raised since Listing

₹2,05,000 Cr+

Market Capitalization

215 msf

Across India’s Top Commercial and Retail Markets(2)

FTSE, MSCI, S&P

Included in Multiple Global Equity Indices

5.2 lakh+

Unitholders

₹38,000 Cr+

Distributed more than Entire Nifty Realty Index Combined

Source:Market capitalization based on the closing price on NSE as on November 3, 2026. All other data based on the latest available results (Q2 FY2027) and flings on respective REIT websites.

Notes: (1) Valuations as of September 2026
             (2) Total area (under construction, development potential, and completed area) pertains to the 6 listed Indian REITs as of Q2 FY2027

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