SEBI reclassifies REITs as equity, significantly increasing mutual fund participation, liquidity, and potential index inclusion.

• REITs now count toward equity allocations, attracting higher investments from mutual funds across the market.
• InvITs retain hybrid status, preserving limits and encouraging growth via stable cash‑flow, private‑placement structures still.
• REIT stocks rose, with major trusts gaining 1‑2%, reflecting market optimism after regulatory change.