**CapitaLand India Trust Expands Real Estate Footprint in India**
CapitaLand India Trust (CLINT), a real estate investment trust focused on the Indian market and listed in Singapore, is significantly increasing its presence in India with plans to develop seven new projects in major cities. According to CEO Gauri Shankar Nagabhushanam, the company has had a presence in India but has not fully concentrated its efforts until now. “The time for India has come, and it has become core for CapitaLand. That’s why you’ll see a lot more traction,” he stated during his recent visit to the country.
Despite a slowdown in overall investment activity in India’s real estate sector during the first half of 2025 due to global economic uncertainties and political challenges, CLINT is poised for substantial growth. The upcoming projects will be located in Bengaluru, Hyderabad, and Chennai, adding approximately 7.26 million square feet to its portfolio. Among these, six projects will be IT parks, while the seventh in Chennai will focus on industrial development, potentially encompassing manufacturing and logistics spaces.
Shobhit Agarwal, managing director and CEO of Anarock Capital, noted a growing momentum among global investors towards India-focused REITs and real estate assets. He emphasized that India remains the fastest-growing large economy globally, and recent regulatory clarity is enhancing investor confidence. Although geopolitical uncertainties have affected some investment inflows, long-term interest in the Indian market remains robust as investors seek to diversify from saturated Asia-Pacific markets.
The total expected investment for CLINT’s new projects is around ₹6,490 crore (approximately S$984 million), with ₹3,780 crore (about S$572 million) of committed capital yet to be deployed as of June 30. The developments will include office parks, logistics facilities, and data center-aligned assets. Agarwal attributed the increased capital flow into IT parks and logistics to India’s expanding digital and consumption economy, with demand for office spaces driven by the growth of global capability centers (GCCs) and co-working operators.
In addition, CLINT is considering a partial divestment of its data center development projects, planning to sell a 33% stake. Nagabhushanam explained that this strategy aims to establish credible valuations for this emerging asset class in India and attract global institutions to validate these assets.
Looking ahead, Nagabhushanam indicated that the partial divestment aligns with CLINT’s broader strategy to reduce exposure to development-stage assets, allowing the company to maintain capital for returns-focused investments. “Instead of putting in 100 dollars, I can sell 33% and free up capital,” he remarked.
As CapitaLand India Trust continues to expand its footprint in India, it is well-positioned to capitalize on the growing demand for real estate in one of the world’s fastest-growing economies.
**FAQ**
**What is CapitaLand India Trust planning for the Indian market?**
CapitaLand India Trust is planning to develop seven new projects across key cities in India, focusing on IT parks and industrial assets, with a total expected investment of around ₹6,490 crore.