Hines has partnered with Sumitomo Corporation to develop over 300 luxury lake-facing residences in Mumbai, marking Hines’s debut in the city's residential market as a developer. The project, set on a 3.4-acre site by Powai Lake, aims to meet Mumbai’s demand for high-quality housing and set new standards for international living. This development underscores Hines’s commitment to sustainability, innovation, and quality while enhancing the urban landscape.
“We are delighted to partner with Sumitomo Corporation on this exciting new venture. The living sector is a high-conviction theme for Hines globally and in India, and this project marks our entry into the Mumbai residential market as a developer. In Powai, we will bring international-standard homes in a well-established yet supply-constrained micro-market. This development reflects our long-term commitment to Mumbai and our ambition to grow via investments and developments across India,” said Amit Diwan, Senior Managing Director and Head of India at Hines.