CapitaLand Set to Invest ₹19,200 Crore in Mumbai and Pune Real Estate by 2030
CapitaLand Investment Limited (CLI) has announced plans to invest over ₹19,200 crore in the commercial real estate markets of Mumbai and Pune by 2030, focusing on business parks, data centres, and logistics facilities.
Real EstateInvestmentCapitalandMumbaiPuneReal EstateAug 13, 2025
The announcement was made at the launch of CLI’s first data centre in India, located in Navi Mumbai. Singapore’s Deputy Prime Minister and Minister for Trade and Industry, Gan Kim Yong, and Maharashtra Chief Minister Devendra Fadnavis were present at the event. CLI’s investments in Maharashtra have a long history, commencing in 2013 with the launch of the International Tech Park Pune, Hinjawadi (ITPP-H), developed in partnership with the Maharashtra Industrial Development Corporation (MIDC).
Over the past decade, CLI has significantly expanded its footprint in Mumbai and Pune. The company has invested over ₹6,800 crores (S$1 billion) across 10 assets, including business parks, data centres, and logistics facilities. This substantial investment underscores CLI’s commitment to the region and its confidence in Maharashtra’s growth potential.
The planned investments are a crucial part of CLI’s broader growth strategy for India. The company aims to increase its funds under management by focusing on business parks, data centres, logistics, and industrial parks. These investments will contribute to 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 growth. Sanjeev Dasgupta, CEO of CLI India, expressed the company’s appreciation for the state’s support and collaboration over the past decade. “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,” he said.
CLI’s strategic investments in Mumbai and Pune are expected to fuel the region’s commercial real estate growth, attract more businesses, and create numerous job opportunities. The company’s focus on sustainable and innovative projects aligns with the state’s vision of becoming a leading economic and technological hub in India.
Frequently Asked Questions
What is CapitaLand Investment Limited (CLI)?
CapitaLand Investment Limited (CLI) is a leading real asset manager with a significant presence in various real estate markets, including business parks, data centres, and logistics facilities.
How much does CLI plan to invest in Mumbai and Pune by 2030?
CLI plans to invest over ₹19,200 crore in the commercial real estate markets of Mumbai and Pune by 2030.
What types of real estate projects will CLI focus on in Maharashtra?
CLI will focus on business parks, data centres, logistics, and industrial parks in Maharashtra.
When did CLI start its operations in Maharashtra?
CLI commenced its operations in Maharashtra in 2013 with the launch of the International Tech Park Pune, Hinjawadi (ITPP-H).
What is the broader growth strategy of CLI for India?
CLI’s broader growth strategy for India includes increasing its funds under management by investing in business parks, data centres, logistics, and industrial parks.
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