Why Global Capital Chooses India: Insights from Hines’ CIO
Hines' David Steinbach highlights India's strategic role in global real estate investment amid economic changes, emphasizing stability and policy reforms.

In the shifting tides of global capital markets, where uncertainty and economic adjustments are the prevailing winds, India emerges as a lighthouse for real estate investments. According to David Steinbach, Global Chief Investment Officer at Hines, India’s blend of stability, domestic inclination, and transformative policy landscape positions it uniquely on the global investment map. But what sets India apart in the selectively discerning world of global capital?
India: A Strategic Focus in Global Investment
Despite widespread macroeconomic unease, India’s enduring allure lies in its fundamental strengths - scale, stability, and surging domestic demand. Steinbach emphasizes that the reconfigurations within the global supply chains and a pivot towards localized capital deployment could significantly advantage India, painting a hopeful picture for future real estate endeavors.
Local Demand Fueling Real Estate Resilience
With thriving urbanization and policy support, India’s private real estate realm remains buoyant across various sectors, including living, office spaces, and industrial domains. Insights reveal robust demand, particularly in office infrastructure, attracting both international and indigenous enterprises seeking state-of-the-art spaces.
Focused Sectors: Opportunities in Office, Living, and Industrial Realms
Hines targets sectors exhibiting enduring demand. Office spaces stand out as hubs for both global capability centers and innovation expansions, showcasing India’s pivotal role in the digital and manufacturing domains. With a thriving urban populace and housing demands, the living sector also presents significant opportunities. The ‘Make in India’ initiative further propels the industrial domain, reinforcing India’s strategic appeal.
Navigating Interest Rates and Inflation
Globally, real estate is echoing through corridors of interest rate discussions and inflationary challenges. But India, with its distinctive rate cuts and steady economic parameters, remains an enticing proposition - particularly for building high-quality commercial and residential assets that cater to evolving city landscapes.
Advice for Indian Business Leaders: A Long-Term Vision
The future of real estate in India calls for a meticulous, fundamentals-oriented approach, aligning with policy movements and collaborating with local expertise. Hines’ successful trajectory in India underscores the importance of operational excellence and insightful local partnerships.
In a world where capital is becoming increasingly choosy, India not only survives but thrives, further embedding itself in the global real estate narrative. As the discourse around India’s real estate intensifies, driven by figures like Steinbach, its role in molding the future of real assets becomes ever more evident. As stated in The Economic Times, India’s rise in the real estate world is indeed noteworthy.