Hines plans to invest $500 million in India to develop new commercial and housing projects, reported India Times.
“Asia and India is a focus market for us. We would love to invest $500 million in India over the next several years,” said Laura Hines-Pierce, managing director and chief transformation officer, Hines.
Hines entered India in 2006 and has so far invested $400 million equity for the development of six projects, of which two are already completed.
The company is looking to certainly add four to six projects in the next three years. It is already in active discussion for three projects in development management model.​
