On August 12, a transformative announcement by CapitaLand Investment Limited set the Indian real estate circle abuzz. The company inked a strategic agreement with the Maharashtra Government, unveiling plans for a ₹19,200 crore investment drive into the bustling commercial real estate markets of Mumbai and Pune by 2030—a landmark move promising dynamic growth and innovation.
CapitaLand’s journey in Maharashtra began in 2013, partnering with MIDC to launch the International Tech Park Pune. Over the last decade, CapitaLand’s footprint widened with over ₹6,800 crore invested across business parks, logistics centres, and data hubs—demonstrating steadfast confidence in the region’s potential.
With India as a core market, CapitaLand eyes an increase in funds under management from S$8 billion to S$15 billion by 2028—reflecting a commitment to accelerating technological progress and global partnerships.
The investment was celebrated at the launch of CapitaLand's first data centre in India, attended by dignitaries from Singapore and Maharashtra’s top leadership. This collaboration pledges to strengthen the innovation and digital infrastructure backbone of the Mumbai Metropolitan Region and Pune, solidifying Maharashtra’s emergence as a hub for technology, manufacturing, and logistics.
As CapitaLand leverages its listed trust, private funds, and Ascendas-Firstspace platform, the Maharashtra real estate landscape finds itself on the brink of remarkable transformation—a future propelled by smart investments, robust infrastructure, and unwavering global confidence.
News, Infographics, Blogs & More! Delivered to your inbox.