CapitaLand plans major expansion in India, doubling real estate investments by 2028
Real Estate InvestmentIndiaExpansion2028 TargetSingaporeProperty DevelopmentCommercial Real EstateIndia PortfolioGrowthReal EstateSep 06, 2024
CapitaLand plans to double its investments in India by 2028, focusing on commercial and residential projects.
CapitaLand's India portfolio is over $3 billion.
CapitaLand plans to invest an additional $2 billion in India over the next five years.
The International Tech Park in Bengaluru and the Xchange in Navi Mumbai are some of the notable projects in CapitaLand's India portfolio.
CapitaLand's expansion plans in India are expected to create jobs and stimulate economic growth.
Bengaluru's residential market continues to display steady growth, with a 19% increase in home sales in Q2 2024. Read more about the latest trends in the city's real estate market.
The Indian real estate sector witnessed a surge in equity investments, totaling $11.4 billion in 2024, marking a 54% increase from the previous year. This growth was primarily driven by developers and institutional investors, with significant contribution
Krushna Abhishek's financial success is evident in his luxurious real estate portfolio, including a 3 BHK apartment in Mumbai dedicated entirely to his designer clothes and footwear.
Godrej Properties has expressed surprise and denied any wrongdoing in response to a CBI FIR registered against Berkeley Realtech Ltd and Godrej Estate Developers for alleged cheating and corruption in a development project.
Prime Minister Narendra Modi is set to visit Maharashtra and Chhattisgarh on March 30, where he will undertake darshan at prominent religious sites. The visit is expected to boost local morale and highlight the government's commitment to cultural and religious heritage.
Arthur B. Laffer, a renowned director at NexPoint Diversified Real Estate Trust (NYSE:NXDT), has made a significant purchase of 26,900 shares, investing a substantial $87,156. This move signals confidence in the company's future and potential growth in the real estate sector.