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CapitaLand Investment to invest $2.19 billion in Maharashtra, India

Published 12/08/2025, 14:34
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Investing.com -- Singapore’s CapitaLand Investment has signed an agreement with the Maharashtra state government in India to invest 192 billion rupees ($2.19 billion) by 2030, the real estate asset manager announced on Tuesday.

The investment will focus on expanding the company’s presence in Mumbai and Pune, covering business parks, data centers, logistics and industrial parks in the western Indian state.

This planned investment is part of CapitaLand’s broader growth strategy for India, where it aims to increase its funds under management to approximately S$15 billion by 2028 from the current level of more than S$8 billion.

CEO Sanjeev Dasgupta said the company will scale up its investments through its listed trust CLINT, private funds, and the Ascendas-Firstspace platform.

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