India's Real Estate Investment Trust (REIT) market is projected to nearly double from $18 billion in 2025 to $25 billion by 2030, according to a Vestian report. The market is considered significantly under-penetrated at 19% of listed real estate value compared to a global average of 57%, indicating substantial growth potential. Diversification into retail, industrial, warehousing, and data centers is expected to drive future expansion beyond the current dominance of office REITs.