CapitaLand Reit to develop IT parks across key cities

The trust will sell 33% in its data centre projects to bring in global investors, free capital for other deployments

- Mansi Verma & Sneha Shah

CapitaLand India Trust, an India-focused real estate investment trust listed in Singapore, is ramping up its presence in the country with plans to develop seven new projects across key cities, chief executive Gauri Shankar Nagabhushanam said.

"In India, we've had a presence, but we actually haven't really focused that much so far," Nagabhushanam, who visited India this week, told Mint. "I think the time for India has come now, and it has become core for CapitaLand. That is why you'll see a lot more traction."

Overall investment activity in India's realty sector has eased in the first half of 2025, amid global economic uncertainty and political headwinds. However, CapitaLand India Trust (CLINT) plans to boost its footprint in the country.

CLINT's growth pipeline includes seven projects across major metros such as Bengaluru, Hyderabad and Chennai, which will add total 7.26 million sq. ft floor area to its portfolio.

While two projects are coming up in Hyderabad, three will be built in Bengaluru, and one in Chennai.