{"id":16966,"date":"2016-06-19T00:11:29","date_gmt":"2016-06-18T17:11:29","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/?p=16966"},"modified":"2016-06-18T22:19:47","modified_gmt":"2016-06-18T15:19:47","slug":"chinese-developer-wanda-leads-charge-into-indias-property-sector","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developer-wanda-leads-charge-into-indias-property-sector\/","title":{"rendered":"Chinese developer Wanda leads charge into India's property sector"},"content":{"rendered":"


\nChinese developers are looking to build major residential developments in India, according to the global property services firm JLL.Dalian Wanda Group, which is owned by China’s richest man, Wang Jianlin, in January revealed plans to develop a US$10 billion industrial zone in Haryana state in north India called Wanda Industrial New City.”Other Chinese developers are also interested in India and most likely to follow suit,” said Anuj Puri, the chairman and country head of JLL India.”Interestingly, large residential projects are of particular interest to other Chinese developers. It will be interesting to see if larger deals are signed this year. With China experiencing a slowdown in their own economy, the developers there will get an opportunity to benefit from India’s growth story. “The Wanda investment will be one of its biggest, so far. It is also bigger than most deals that other Chinese companies investing abroad carried out in 2015.”The China Land Development Company and ZTE Corporation earlier this year signed memorandums of understanding to develop industrial parks and smart cities in Haryana.JLL said that foreign developers were likely to look at partnering with Indian builders on projects. The prime minister Narendra Modi has been trying to encourage more foreign investment into the country.”Increased participation by foreign players is expected to help in the development of quality projects, which will benefit end users and simultaneously create opportunities for Indian investors too,” Mr Puri said.He said that Japanese private equity investors are also eyeing opportunities in India’s property sector.”Japanese developers are keen to explore strategic partnerships and enter into joint ventures with Indian builders, and are particularly interested in industrial projects,” he said. “There is likely to be an inflow of at least $2bn in investments from Japan into the Indian real estate market over the next three years.”business@thenational.aeFollow The National’s Business section on Twitter
\n
\nSource : thenational.ae
\nRead more…Chinese developer Wanda leads charge into India’s property sector<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Chinese developers are looking to build major residential developments in India, according to the global...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-16966","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-4pE","jetpack-related-posts":[{"id":18952,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/asian-developers-are-investing-billions-in-india\/","url_meta":{"origin":16966,"position":0},"title":"Asian developers are investing billions in India","date":"July 7, 2016","format":false,"excerpt":"\r Japan and China find common ground in the subcontinent India, a country known for it\u2019s rich and diverse history, is now a magnet for bilion dollar investments. Image credit: M M (Flickr) Emboldened by the Indian government\u2019s revised foreign direct investment (FDI) target, property developers from China and Japan\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":38887,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-mega-developers-to-plough-billions-into-indian-real-estate\/","url_meta":{"origin":16966,"position":1},"title":"Chinese mega developers to plough billions into Indian real estate","date":"December 22, 2016","format":false,"excerpt":"\r Why the market will lure investors worldwide in 2017 Chatrapati Shivaji Terminus, a UNESCO World Heritage site in Mumbai. KishoreJ\/Shutterstock China and India, the largest nations on earth, have accrued wins in the property game this year. However, it\u2019s likely that India will be having a more bullish 2017,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":133714,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dalian-wanda-unit-issues-first-us-dollar-bond-since-chinese-developers-debt-crisis-began-raises-us400-million\/","url_meta":{"origin":16966,"position":2},"title":"Dalian Wanda unit issues first US dollar bond since Chinese developers\u2019 debt crisis began, raises US$400 million","date":"January 13, 2023","format":false,"excerpt":"\r A unit of Chinese conglomerate Dalian Wanda Group has issued an 11 per cent US$400 million bond, reversing market expectations about junk debt following a default crisis among indebted Chinese developers.\r \r Source : South China Morning Post\r Read more...Dalian Wanda unit issues first US dollar bond since Chinese\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":38881,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/why-you-might-invest-in-india-over-china-in-2017\/","url_meta":{"origin":16966,"position":3},"title":"Why you might invest in India over China in 2017","date":"December 22, 2016","format":false,"excerpt":"\r Even Chinese developers are investing Chatrapati Shivaji Terminus, a UNESCO World Heritage site in Mumbai. KishoreJ\/Shutterstock China and India, the largest nations on earth, have as much commonalities as they have glaring differences. Sometimes, they erupt into geopolitical tension. This year, both countries have accrued wins in the property\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":20180,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/all-the-worlds-a-stage-wanda-group-extends-theatre-empire-for-1-2bn\/","url_meta":{"origin":16966,"position":4},"title":"All the world\u2019s a stage: Wanda Group extends theatre empire for $1.2bn","date":"July 19, 2016","format":false,"excerpt":"\r China\u2019s biggest developer is diversifying beyond real estate and into\u2026movies Odeon cinema on London\u2019s Shaftsbury Avenue. Image credit: Ewan Munro (Flickr) Real estate, a core business of China\u2019s Dalian Wanda Group, may have to share centre stage with filmmaking and distribution. As the Financial Times writes, China\u2019s wealthiest man\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":21939,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sri-lanka-withdraws-freehold-land-offer-to-chinese-developers\/","url_meta":{"origin":16966,"position":5},"title":"Sri Lanka withdraws freehold land offer to Chinese developers","date":"August 4, 2016","format":false,"excerpt":"\r China\u2019s grand plans for Colombo\u2019s port continue, but only with a 99 year lease Congested Colombo is home to 650,000 people. Image credit: Sammu (Flickr) Sri Lanka announced this week that permission for a Chinese company to buy 20 hectares of reclaimed land alongside the port in Colombo as\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/16966"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=16966"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/16966\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=16966"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=16966"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=16966"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}