Realty investment firm Hines to focus on southern India
Real Estate

Realty investment firm Hines to focus on southern India

US-based real estate investment firm Hines plans to increase its presence in southern India by entering the Chennai and Hyderabad real estate sectors as it aims to double its Indian portfolio over the next two to three years, its country head Amit Diwan said.

Currently, Bengaluru is the largest market for Hines India, with two office projects and one residential project totalling more than 4.2 million square feet.

“We are expecting southern India to be our single largest chunk of investment in India and maybe we will do multiple deals a year,” said Diwan.

The company plans to invest a minimum $50 million for each major investment across markets. It will explore new office projects through development management and forward purchase agreements, apart from looking at greenfield acquisitions in prime locations, including Mumbai and Gurugram.

“We have a pipeline across all these markets,” said Diwan.

Currently, Hines India company has projects spread over 12.5 million sq ft in its Indian portfolio. Ithas seven office and three residential projects under various stages of development across the National Capital Region (NCR), Mumbai, Bengaluru and Pune.

“We have not deployed capital in India in the last three years ... we decided to build execution capabilities before deploying capital,” said Diwan.

Also Read:
Interest rate hike has not deterred most home buyers: survey
Housing sales in major cities see 9-year high: Knight Frank


US-based real estate investment firm Hines plans to increase its presence in southern India by entering the Chennai and Hyderabad real estate sectors as it aims to double its Indian portfolio over the next two to three years, its country head Amit Diwan said. Currently, Bengaluru is the largest market for Hines India, with two office projects and one residential project totalling more than 4.2 million square feet. “We are expecting southern India to be our single largest chunk of investment in India and maybe we will do multiple deals a year,” said Diwan. The company plans to invest a minimum $50 million for each major investment across markets. It will explore new office projects through development management and forward purchase agreements, apart from looking at greenfield acquisitions in prime locations, including Mumbai and Gurugram. “We have a pipeline across all these markets,” said Diwan. Currently, Hines India company has projects spread over 12.5 million sq ft in its Indian portfolio. Ithas seven office and three residential projects under various stages of development across the National Capital Region (NCR), Mumbai, Bengaluru and Pune. “We have not deployed capital in India in the last three years ... we decided to build execution capabilities before deploying capital,” said Diwan. Also Read: Interest rate hike has not deterred most home buyers: survey Housing sales in major cities see 9-year high: Knight Frank

Next Story
Infrastructure Transport

Tata, Airbus to Build India’s First Private Helicopter Line

In a landmark development for India’s aerospace sector, Tata Advanced Systems Limited (TASL) and Airbus will establish the country’s first private-sector helicopter assembly line in Vemagal, Karnataka. The facility will manufacture the Airbus H125 and H125M, marking a significant milestone in India’s push for self-reliance in aviation and defence manufacturing. The new Final Assembly Line (FAL) will produce the H125, the world’s best-selling single-engine helicopter, known for its versatility and performance in extreme environments. The first ‘Made in India’ H125 is expected to ro..

Next Story
Infrastructure Urban

NeGD to Support Bharat Taxi in Building Cooperative Ride Platform

In a significant move for India’s digital and mobility transformation, the National e-Governance Division (NeGD) of the Digital India Corporation, under the Ministry of Electronics and Information Technology (MeitY), has entered into an advisory partnership with Sahakar Taxi Cooperative Limited, the company behind Bharat Taxi — a first-of-its-kind, cooperative-led national ride-hailing platform. A Memorandum of Understanding (MoU) has been signed between NeGD and Sahakar Taxi to provide strategic advisory and technical support covering key areas such as platform integration, cybersecurity..

Next Story
Technology

MeitY Hosts Pre-Summit for India–AI Impact Summit 2026

The Ministry of Electronics and Information Technology (MeitY), Government of India, hosted a series of Pre-Summit events for the upcoming India–AI Impact Summit 2026 at the India Mobile Congress (IMC) 2025 in New Delhi. These sessions mark a key milestone ahead of the main summit, scheduled for 19–20 February 2026 at Bharat Mandapam, New Delhi. Delivering the inaugural address, S. Krishnan, Secretary, MeitY, highlighted India’s innovative and frugal approach to AI development. “We have adopted innovative means by learning from others’ experiences to build projects and products that..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?