Whalesbook
Japanese conglomerate Nishi-Nippon Railroad Co Ltd (Nishitetsu) is entering India's real estate market through a partnership with Mumbai-based Runwal Enterprises. They will jointly develop a commercial project in Kurla, Mumbai, with a Gross Development Value of Rs 2,000 crore. This venture marks Nishitetsu's first overseas office development and aligns with its strategy to expand its urban development footprint across Asia, attracting significant foreign investment into India's growing commercial real estate sector.