The Indian REITs Association (IRA) has welcomed SEBI’s decision to classify Real Estate Investment Trusts (REITs) as equity for inclusion in market indices, calling it a “progressive reform” that brings India in line with global best practices.
The move, IRA noted, is a milestone in strengthening India’s REIT ecosystem, enhancing market depth, and improving liquidity by broadening investor participation. The association added that this reform, much like SEBI’s reduction of REIT lot size in 2021, will further institutional investment in income-generating assets and position India as a progressive investment destination.
IRA also appreciated SEBI’s decision to expand the definition of “Strategic Investor” in REITs, which is expected to facilitate greater participation from a wider pool of investors.
“The IRA commends SEBI for these forward-looking measures and remains committed to working with all stakeholders to build a vibrant REIT market in India. We now look forward to stock exchanges updating index eligibility criteria to enable REITs’ inclusion,” the association said in a statement.
