CapitaLand to Invest $2.2 Billion in Mumbai and Pune Commercial Real Estate by 2030
Singapore-based real estate asset manager CapitaLand Investment plans to invest ₹192 billion (around $2.19 billion) in the commercial real estate markets of Mumbai and Pune by 2030, aiming to increase its funds under management to S$15 billion by 2028.
Real EstateInvestmentCapitalandMumbaiPuneReal EstateAug 21, 2025
CapitaLand’s planned investments will focus on sectors such as business parks, data centres, logistics hubs, and industrial parks, primarily in Maharashtra’s western region. The company has been operating in this region since 2013 and intends to scale up these investments through a combination of its listed real estate investment trust CLINT, private funds, and the Ascendas-Firstspace platform, a key vehicle for its industrial and logistics business.
Since its entry into the Mumbai and Pune markets, CapitaLand has already invested roughly ₹68 billion across 10 assets, covering business parks, data centres, and logistics facilities. Across India, the company operates more than 55 assets in IT parks, business parks, data centres, and other commercial real estate segments, demonstrating a strong foothold in the country’s growing urban infrastructure.
CapitaLand’s CEO Sanjeev Dasgupta highlighted that the new investments form a critical part of the company’s India growth roadmap and its commitment to supporting the country’s urban development and digital infrastructure expansion. India remains a strategic market for CapitaLand, which has been present for over 30 years. The company’s focus on sectors such as data centres and logistics aligns with increasing demand driven by India’s digital transformation, e-commerce growth, and supply chain modernization.
With rapid urbanization and increasing demand for quality commercial real estate, cities like Mumbai and Pune continue to attract significant domestic and foreign investment. CapitaLand’s announcement underscores confidence in India’s long-term growth prospects and reflects the growing interest of global investors in the country’s real estate sector.
Frequently Asked Questions
What is CapitaLand Investment's planned investment amount in Mumbai and Pune by 2030?
CapitaLand Investment plans to invest approximately ₹192 billion (around $2.19 billion) in the commercial real estate markets of Mumbai and Pune by 2030.
Which sectors will CapitaLand focus on for its investments in Mumbai and Pune?
CapitaLand will focus on sectors such as business parks, data centres, logistics hubs, and industrial parks, primarily in Maharashtra’s western region.
How much has CapitaLand already invested in Mumbai and Pune?
Since its entry into the Mumbai and Pune markets, CapitaLand has already invested roughly ₹68 billion across 10 assets, covering business parks, data centres, and logistics facilities.
What is CapitaLand's goal for funds under management in India by 2028?
CapitaLand aims to increase its funds under management to about S$15 billion by 2028 from the current level of over S$8 billion.
Why is India a strategic market for CapitaLand?
India is a strategic market for CapitaLand due to its rapid urbanization, increasing demand for quality commercial real estate, and the country’s digital transformation, e-commerce growth, and supply chain modernization.
Related News Articles
Mumbai's Sky-High Ambitions: Exploring the City's Love for Skyscrapers
As Mumbai continues to grow
Mumbai Records Third-Highest Surge in Luxury Housing Prices Globally
Mumbai's prime residential prices surge 11.5% year-on-year, ranking third globally, as India's economic growth drives demand in luxury housing market.
Affordable Housing Supply Dries Up as Builders Focus on Premium Projects
The latest data from JLL India reveals a 21% decline in affordable housing supply below Rs 50 lakh, while premium projects saw a significant surge in demand.
Priyanka Chopra's Real Estate Empire: A Peek into Her Investments
Priyanka Chopra Jonas is a keen investor in the real estate space, owning multiple properties in India and the US. Here's a look at her recent transactions.
Uber and Heads Up for Tails Expand Pet-Friendly Rides in Delhi and Mumbai
Uber has partnered with Heads Up for Tails to offer pet-friendly rides in Delhi and Mumbai, making travel more convenient and comfortable for pet owners.
Blackstone and Sattva-backed REIT Files Draft Papers for ₹7000 Cr IPO
A real estate investment trust (REIT) backed by asset manager Blackstone Group and Bengaluru developer Sattva Group has filed its draft papers with the Securities and Exchange Board of India (SEBI) for a ₹7000 crore initial public offering (IPO).