JLL offers advice on a significant cross-border investment by Japan in India.

Marubeni will invest in a residential project in Pune, which is located in the Pimple Nilakh micro residential district . Foreign investment in the Indian real estate industry has surpassed USD 2.9 billion .

Mumbai (Maharashtra) (India), November 25, (BusinessWire India),: JLL has reported that it advised Japan-based Marubeni Corporation (Marubeni) on their strategic investment in Kolte-Patil Developers Limited, a Pune-based real estate developer.Marubeni will invest in a residential project in Pune, which is located in the Pimple Nilakh micro residential district, advising JLLs Capital Markets team in Singapore and India.The investment represents a first investment in an Indian residential real estate project by an institutional investor from Japan.Marubeni's investment in Indian Residential Real Estate is their second investment since 2020 and improves the market's long-term stability.

This is a clear indication of India's increasing popularity as a destination for investment.According to Lata Pillai, MD, and Chief of Capital Markets, India, JLL, the industry has become more popular in recent years in industries such as offices, residential, data centers, logistics, and industrial.We're delighted to see Marubeni make a significant investment in the country's residential sector.She said that increasing market transparency and institutionalization of Indian real estate would contribute to a larger share of global investment allocation in the coming years.

We think the Indian real estate market is one of the fastest-growing and most attractive markets to come forward, thanks to strong market fundamentals.We aim to solidify our position in the rapidly expanding Indian real estate industry by joining the Overseas Real Estate Business Dept, Marubeni Corporation, in the Indian market, and make our real estate industry in the Indian market a crucial pillar of our business in the future, said Noritake Miyaguchi, General Manager, of the Overseas Real Estate Business Dept.The investment by Marubenis also improves the Pune residential market's present and future strength, as well as the appetite of major Japanese investors to develop their presence in the Indian real estate market.

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