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 by 2030 in the Mumbai and Pune real estate markets, focusing on business parks, data centres, logistics, and industrial parks.
CapitalandReal EstateMaharashtraInvestmentDevelopmentReal Estate MaharashtraAug 12, 2025
The announcement was made at the launch of CLI’s first data centre in India, located in Navi Mumbai. The event was graced by Singapore’s Deputy Prime Minister and Minister for Trade and Industry, Gan Kim Yong, and Maharashtra Chief Minister Devendra Fadnavis.
CLI’s presence in Maharashtra dates back to 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.
The planned investments in Maharashtra are a crucial part of CLI’s broader growth strategy for India. The company aims to increase its funds under management and solidify its position in the region. These investments will span business parks, data centres, logistics, and industrial parks, reflecting 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 growth. 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.”
The investment is expected to fuel commercial real estate growth in Mumbai and Pune, creating new opportunities for businesses and contributing to the economic development of the region. CLI’s strategic focus on sustainable and innovative projects will also align with the state’s goals for economic and environmental progress.
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 global markets, including India. It focuses on developing and managing real estate assets such as business parks, data centres, and logistics facilities.
How much is CapitaLand planning to invest in Mumbai and Pune by 2030?
CapitaLand plans to invest over ₹19,200 crore by 2030 in the Mumbai and Pune real estate markets, focusing on business parks, data centres, logistics, and industrial parks.
When did CapitaLand start its operations in Maharashtra?
CapitaLand commenced its operations in Maharashtra in 2013 with the launch of the International Tech Park Pune, Hinjawadi (ITPP-H), developed in partnership with the Maharashtra Industrial Development Corporation (MIDC).
What sectors will CapitaLand’s investments cover in Maharashtra?
CapitaLand’s investments will cover business parks, data centres, logistics, and industrial parks, reflecting the company’s confidence in Maharashtra’s emergence as a hub for innovation, services, digital infrastructure, manufacturing, and logistics.
Who attended the launch of CLI’s first data centre in India?
The launch of CLI’s first data centre in India, located in Navi Mumbai, was attended by Singapore’s Deputy Prime Minister and Minister for Trade and Industry, Gan Kim Yong, and Maharashtra Chief Minister Devendra Fadnavis.
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