India, Nov. 28 -- About 40% of the total Grade A office stock in India's top seven cities, valued at roughly $44 billion, is suitable for SM REITs. Markets such as Mumbai and Delhi NCR present the largest asset acquisition opportunities under the umbrella due to the abundance of small and mid-sized projects. Tech hubs like Bengaluru and Hyderabad also offer strong prospects, with well-leased, mid-sized assets emerging as attractive options for SM REIT investments, a report by JLL has said.

The industry is likely to face evolving compliance and regulatory oversight challenges as regulations mature and implementation progresses. Despite these teething issues, this market is poised to grow and potentially surpass $5 billion of Assets Under ...