The combined Assets Under Management (AUM) of REITs and InvITS has grown from USD 42.1 billion in FY20 to USD 93.9 billion in FY25, says a report by a real estate consultant company.
Knight Frank India said on Tuesday that the AUM of Infrastructure Investment Trusts (InvITs) in India have reached USD 73.3 billion in the 2024-25 fiscal year, while those of Real Estate Investment Trusts (REITs) touched USD 20.6 billion.
REITs and InvITs are investment vehicles that allow investors to invest in real estate and infrastructure assets, respectively, without owning the physical property.
There are five REITs and 17 InvITs listed on the stock exchanges, the company further stated.
Also Read: ‘Third Mumbai’ to boost Maharashtra’s economic development: CM
"The combined market capitalisation stood at USD 33.2 billion as on July 31, 2025,” the report said.
The consultant said InvITs are set to play an increasingly important role in financing the country's infrastructure ambitions, projecting the AUM of InvIT to have the potential to reach USD 258 billion by 2030.
Higher allocations from institutional investors, increased participation of domestic pension and insurance funds, expanded foreign investment, and rising awareness among retail investors will all add to the growth of these real estate managements funds, the report elaborated.