Japanese conglomerate Nishi-Nippon Railroad Co Ltd (Nishitetsu) has partnered with Runwal Enterprises to develop a major commercial project in Mumbai. The development carries an estimated value of 2,000 INR-Crore and represents Nishitetsu’s first real estate investment in India. This new Mumbai-focused office development project highlights rising global investor interest. Route 78 Partners has joined the collaboration, which further boosts confidence in India’s expanding commercial real estate market.
The project will come up in Kurla, near the Bandra–Kurla Complex (BKC), one of Mumbai’s key business hubs. It will be developed on a 3,000 SqM plot and offer over 310,000 SqFt of Grade-A leasable office space. Nishitetsu confirmed that the development aligns with its global expansion strategy under the 16th Medium-Term Management Plan. Moreover, Genkai Capital Secured Investment Pte Ltd (GCSI) is expected to participate as an investor, which will further strengthen the project’s capital support.
Also Read: Ajmera Realty to invest 7,000 INR-Crore in Wadala, Mumbai
The collaboration reflects a growing trend of institutional capital entering India’s real estate segment. Demand for commercial spaces continues to rise, supported by infrastructure growth and regulatory improvements. As a result, this Mumbai office development will boost the city’s premium commercial landscape and support sustainable, future-ready urban growth.
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