CapitaLand Invests ₹19,200 Crore in Mumbai and Pune Real Estate by 2030
CapitaLand Investment Limited (CLI) plans to invest over ₹19,200 crore by 2030 to expand its presence in the commercial real estate markets of Mumbai and Pune, focusing on business parks, data centers, and logistics facilities.
Real EstateCapitalandMumbaiPuneInvestmentReal Estate MumbaiAug 13, 2025
The announcement was made at the launch of CLI’s first data center in India, located in Navi Mumbai on August 12. The event was graced by Gan Kim Yong, Singapore’s Deputy Prime Minister and Minister for Trade and Industry, and Maharashtra Chief Minister Devendra Fadnavis.
CLI’s investments will cover a range of sectors, including business parks, data centers, logistics, and industrial parks in Maharashtra. The company has been operating in the state since 2013, when it launched the International Tech Park Pune, Hinjawadi (ITPP-H) in partnership with the Maharashtra Industrial Development Corporation (MIDC).
Over the past decade, CLI has significantly expanded its footprint in Mumbai and Pune, investing over ₹6,800 crores (S$1 billion) across 10 assets spanning business parks, data centers, and logistics facilities. The planned investments in Maharashtra are an integral part of CLI’s broader growth strategy for India, where the company aims to increase its funds under management.
These investments will be across business parks, data centers, logistics, and industrial parks, demonstrating CLI’s confidence in Maharashtra’s emergence as a hub for innovation, services, digital infrastructure, manufacturing, and logistics.
India is a core market for CLI, and Maharashtra, with its strong economic fundamentals and well-developed IT and industrial ecosystem, presents significant opportunities for the company to grow its footprint. Sanjeev Dasgupta, CEO of CLI India, emphasized the company's commitment to the region: “India is a core market for CLI, and Maharashtra, with its strong economic fundamentals and well-developed IT and industrial ecosystem, presents significant opportunities for us to grow our footprint. The state has been a steadfast partner in our growth journey over the past decade, and we value the strong support and collaboration.”
Dasgupta added, “We will continue to scale our investments in Maharashtra through our listed trust, CLINT; our private funds; and the Ascendas-Firstspace platform. We look forward to strengthening our partnership and contributing further to Maharashtra’s commercial and industrial growth.”
Frequently Asked Questions
What is CapitaLand Investment Limited (CLI)?
CapitaLand Investment Limited (CLI) is a real asset manager that focuses on investments in real estate and infrastructure. It operates globally and has a significant presence in India, particularly in the commercial real estate sector.
How much is CLI planning to invest in Mumbai and Pune by 2030?
CLI plans to invest over ₹19,200 crore by 2030 to expand its presence in the commercial real estate markets of Mumbai and Pune.
What sectors will CLI's investments in Maharashtra cover?
CLI's investments will cover business parks, data centers, logistics, and industrial parks in Maharashtra.
When did CLI first start operating in Maharashtra?
CLI commenced its operations in Maharashtra in 2013 with the launch of the International Tech Park Pune, Hinjawadi (ITPP-H) in partnership with the Maharashtra Industrial Development Corporation (MIDC).
What is the significance of CLI's investment in Maharashtra's economic growth?
CLI's investment in Maharashtra is significant as it demonstrates confidence in the state's potential as a hub for innovation, services, digital infrastructure, manufacturing, and logistics. This investment is expected to contribute to the state's commercial and industrial growth.
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