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

Related Stories

Gold Stories

Next Story
Products

Koemmerling opens Navi Mumbai experience centre

Koemmerling, a brand of the profine Group, has expanded its presence in the Mumbai metropolitan region with the opening of a new experience centre in Navi Mumbai and launched its Allure S46 minimal sliding door system for the Indian market.Located in CBD Belapur, the facility was inaugurated by Peter Mrosik, Owner and CEO, profine Group, along with Farid Khan, Chairman and Managing Director, profine India, and Kamal Bajaj, CEO, profine India.The company said the new centre will showcase its portfolio of uPVC and aluminium window and door systems to architects, developers and homeowners.The ina..

Next Story
Products

India's waterproofing market nears Rs 150 bn milestone

India's waterproofing industry is approaching a market size of Rs 150 billion and is expected to surpass the $2 billion milestone, according to speakers at the 2nd India International Waterproofers Conference & Expo 2026 organised by the Waterproofers Association of India (WAI) in New Delhi.The two-day event brought together more than 20 speakers, 55 international delegates and 53 exhibition booths, with discussions focusing on climate-resilient construction, advanced waterproofing technologies and international collaboration.Inaugurating the event, Durga Shanker Mishra, former Secretary, ..

Next Story
Real Estate

Dilip Buildcon Q1 FY27 Revenue at Rs 23.78 billion

Dilip Buildcon Limited reported consolidated revenue from operations of Rs 2,378 crore in Q1 FY27, along with EBITDA of Rs 429 crore and profit after tax of Rs 128 crore.Consolidated EBITDA margin stood at 18.1%, improving from 17.1% in Q4 FY26. On a standalone basis, revenue from operations was Rs 1,930 crore, EBITDA stood at Rs 199 crore and PAT was Rs 39 crore, with an EBITDA margin of 10.3%.The company’s order book stood at Rs 27,691 crore as of 30 June 2026, compared with Rs 28,830 crore as of 31 March 2026. Roads and highways accounted for 17.1% of the order book, irrigation and water ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement