ndia’s retail Real Estate Investment Trust (REIT) market is projected to touch Rs 800 billion by 2030, according to property consultancy ANAROCK. The sector is expected to benefit from growing institutional interest, robust consumer demand, and increased supply of quality retail spaces across key urban centres.

As of 2025, the country has around 110 million sq ft of organised mall space, with nearly 30 million sq ft expected to be added by 2030. This expansion, coupled with the success of existing office and industrial REITs, has positioned retail REITs as the next growth frontier for investors seeking stable returns.

ANAROCK noted that several developers are exploring partial or full monetisation of their retail assets through REITs. The report highlights that cities such as Delhi-NCR, Mumbai, Bengaluru, and Hyderabad are likely to lead the next phase of retail real estate growth in India.