What Indialand does

IndiaLand is a privately held Indian commercial and industrial real estate developer, part of the Americorp Group founded by Harish Fabiani, operating across three primary markets — Pune, Chennai, and Coimbatore — with an emerging international footprint in Dubai. The company has developed over 7 million square feet of Grade A infrastructure including IT parks, industrial parks, logistics facilities, and mixed-use destinations, with flagship assets such as IndiaLand Tech Park Coimbatore (1.73 million sq ft), IndiaLand Global Tech Park Hinjewadi Pune (423,000 sq ft), Grand Highstreet Mall Pune (383,000 sq ft), and Logistics Park Oragadam Chennai (517,000 sq ft). IndiaLand's properties carry USGBC LEED Platinum certification and ISO 9001:2015 certification, supporting premium positioning with ESG-conscious multinational tenants.

The business model is asset-heavy and leasing-based: IndiaLand generates revenue primarily through long-term commercial and industrial leases to multinational corporations, technology companies, manufacturing leaders, and Global Capability Centers (GCCs), with current annual rental income at approximately Rs 300 crore and a stated target of Rs 800-850 crore. Named tenants include State Street Corporation (2.1 lakh sq ft in Coimbatore), BirlaSoft, Atlas Copco, RPM India GSC, and Matter Motors. Distribution is enterprise-direct with no public listing; the company also offers build-to-suit development, asset management services, and has a planned 7 lakh sq ft data-centre facility in Siruseri, Chennai. The company is pursuing geographic expansion into the UAE (Thuraya Tower acquisition, DIFC offices) and is actively planning a UAE-based REIT and future IPO.

The go-to-market strategy targets Fortune 500 enterprises and GCCs through an enterprise field sales motion, leveraging government partnerships (notably a Tamil Nadu Government MOU for Coimbatore tech park development with Rs 500 crore investment) and strategic locations near business districts, highways, airports, and ports. IndiaLand is led by Chairman Harish Fabiani, Managing Director Jaynit Raheja, CEO Salai Kumaran, and Vice Chairperson Sonali Fabiani R., with a reported 101-250 employees. The company is executing a deliberate portfolio rebalancing from an estimated 80:20 office-to-industrial mix toward 50:50, reflecting growing exposure to India's e-commerce-driven logistics and warehousing demand.

Name

Indialand

Legal name

IndiaLand

Website

https://indialand.net

Company type

Private

Founded year

1997

Operating status

Operating

Headcount range

101–250 employees

Short description

IndiaLand is a privately held Indian real estate developer under Americorp Group that develops and leases Grade A IT parks, industrial parks, logistics facilities, and mixed-use commercial spaces to multinational corporations, GCCs, and manufacturing enterprises across Pune, Chennai, Coimbatore, and Dubai.

Ownership category

akta.pro rank

Product category

Commercial Real Estate

NAICS

Lessors of Nonresidential Buildings (except Miniwarehouses) (53112), Rental and Leasing Services (532), Lessors of Real Estate (5311)

SIC

Lessors Of Real Property, Nec (6519), Real Estate Dealers (For Their Own Account) (6532)

akta.pro primary industry

Real Estate Development Asset Management (Project/Construction-to-Stabilization) (BPAJAMAL)

akta.pro secondary industries

Real Assets — Operating Platforms & Direct Investments (FSAAAKAL), Flex / R&D Industrial Space Brokerage (BPAJACAC)

Keywords

• Commercial real estate development
• IT park leasing
• Industrial park development
• Grade A office spaces
• Warehousing logistics facilities

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Supply Chain, Personnel, Marketing or Sales, Operations

Revenue model

1. Commercial and Industrial Leasing: IndiaLand generates revenue primarily through leasing premium IT parks, office spaces, industrial parks, and logistics facilities to multinational corporations, technology companies, manufacturing leaders, and GCCs. The company targets annual rental income growth from Rs 300 crore to Rs 800-850 crore through portfolio expansion.
2. Asset Management Services: As part of Americorp Group, IndiaLand manages assets under management (AUM) targeting Rs 10,000 crore growth over four years through accelerated investments in warehousing, office portfolio scaling, and data-centre development.
3. Build-to-Suit Developments: Custom development services for enterprises requiring specialized facilities, including manufacturing zones, warehousing, and purpose-built industrial spaces.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Indialand develops and leases premium commercial and industrial real estate across India, including IT/ITES parks, Grade A office spaces, industrial parks, and warehousing and logistics facilities. Its portfolio spans 7+ million sq ft in Pune, Chennai, Coimbatore, and Dubai, with tenants including Fortune 500 companies, GCCs, manufacturers, and technology firms. Revenue is generated primarily through multi-year commercial and industrial leasing, build-to-suit custom developments, and asset management services under Americorp Group.

Product overview

IndiaLand is a commercial real estate development company offering a portfolio of distinct property products and services. The core offerings include: IndiaLand Tech Park Coimbatore (1.73 million sq. ft. IT/ITES space), IndiaLand Global Tech Park Hinjewadi Pune (423,000 sq. ft. office), Grand Highstreet Mall Pune (383,000 sq. ft. retail), Cyber City Magarpatta Pune (133,000 sq. ft. smart office), Logistics Park Oragadam Chennai (517,000 sq. ft. warehousing), Industrial Park Pune (252,000 sq. ft.), and an upcoming Data Centre in Chennai (700,000 sq. ft.). The portfolio also includes Tower C, Tower E, and Cade Reality in Pune, plus international assets in Dubai (Thuraya Tower and Burj Daman spaces). IndiaLand provides Grade A commercial office spaces, industrial parks, warehousing/logistics facilities, build-to-suit developments, and mixed-use environments. The company operates as a single unified real estate development platform serving Fortune 500 companies, tech giants, manufacturing leaders, GCCs, and enterprises across Pune, Chennai, Coimbatore, and the UAE.

Differentiator

Problem solved

Functional benefit

Products and services

• IndiaLand Tech Park, Coimbatore A 1.73 million sq ft premium IT/ITES tech park facility in Coimbatore (CHIL SEZ, Saravanampatti) designed for global enterprises, developed in partnership with the Tamil Nadu Government. Notable tenants include State Street Corporation.
• IndiaLand Global Tech Park, Hinjewadi (Pune) A 423,000 sq ft Grade A modern office infrastructure facility in Pune's Hinjewadi IT hub, featuring LEED Platinum certification and home to tenants including BirlaSoft, Atlas Copco, Imperial School of Banking and Management Studies, RPM India GSC, and Matter Motors.
• IndiaLand Global Industrial Park, Pune A 252,000 sq ft ready-to-use industrial infrastructure facility for manufacturing and logistics operations in Pune.
• Indialand Industrial and Logistic Park, Chennai Industrial and logistics facility in Chennai supporting manufacturing and supply chain operations, with planned capacity doubling to 1 million sq ft.
• Logistics Park, Oragadam (Chennai) A 517,000 sq ft warehousing and industrial space facility in Chennai's Oragadam manufacturing zone, supporting e-commerce, last-mile delivery, and cold-chain operations.
• Grand Highstreet Mall, Hinjewadi (Pune) A 383,000 sq ft mixed-use retail destination featuring shopping, dining, and entertainment options in Pune's Hinjewadi area.
• Cyber City, Magarpatta (Pune) A 133,000 sq ft smart office space located in Pune's integrated township at Magarpatta, offering Grade A commercial space.
• Tower C, Pune Commercial office tower in Pune offering Grade A office spaces within the Indialand portfolio.
• Tower E, Coimbatore Commercial office tower within IndiaLand's portfolio in Coimbatore, part of the Tech Park campus.
• Cade Reality, Pune Commercial office space offering in Pune within the Indialand portfolio.
• IndiaLand Build-to-Suit Developments Custom build-to-suit developments tailored to specific enterprise requirements, including manufacturing zones, warehousing, and purpose-built industrial spaces.
• Data Centre Facility, Siruseri (Chennai) A planned 7 lakh (700,000) sq ft data-centre facility in Siruseri, Chennai, representing Indialand's entry into the data-centre segment with project cost ranging from Rs 500 crore to Rs 2,000 crore.
• Thuraya Tower, Dubai Premium office space in Dubai Media City's Barsha Heights, part of Indialand's expanding UAE portfolio following its acquisition in 2024.
• Office Spaces, Burj Daman, DIFC (Dubai) Premium office spaces in Dubai International Financial Centre (DIFC), part of the group's cross-border portfolio.

Named customers6 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Three partnerships are on record, tiered core and minor.

• Tamil Nadu GovernmentcoreStrategic or Co-development Partner · 23 January 2024IndiaLand signed a Memorandum of Understanding (MOU) with Tamil Nadu Government for landmark tech park expansion in Coimbatore. The partnership involves development of IndiaLand Tech Park with investment of approximately Rs 500 crore. This strategic alliance marks a pivotal leap in collective vision for urban transformation and development.
• Americorp GroupcoreOthersIndiaLand is part of Americorp Group, an investment platform that has backed several of India's most successful enterprises. Americorp Ventures, founded by Harish Fabiani, has invested in leaders such as Indiabulls, TV18 Broadcast, Edelweiss, Asianet, Avendus, and Phoenix Mills.
• Zaha Hadid ArchitectsminorStrategic or Co-development PartnerCollaboration with world-renowned Zaha Hadid Architects for Kosmo One project at Ambattur, completed in 2009. This was the first project designed by Zaha Hadid Architects in India, representing architectural excellence and innovation.

Scale indicators9 records

Recent moves10 records

Expansion highlights6 records

Regional players

• Sobha Limited: Sobha is a Bengaluru-headquartered real estate developer with Grade A commercial and residential projects. Comparable to IndiaLand as a Southern India-focused developer serving corporate occupiers, though Sobha's portfolio is more residential-weighted than IndiaLand's commercial focus.

Direct peers

• RMZ Group: RMZ is one of India's largest Grade A commercial office landlords with significant IT park and co-working portfolios. Comparable to IndiaLand because of its GCC-driven tenant base, premium LEED-certified inventory, and focus on tech-hub geographies.
• Brigade Enterprises: Brigade is a South India-focused real estate developer with a portfolio of Grade A office parks, residential, and retail assets. Directly comparable to IndiaLand because both target the same Bengaluru/Chennai commercial leasing demand from GCCs and IT firms, with similar LEED-certified inventory.
• Prestige Group: Prestige develops commercial office space, retail malls, and residential projects across South India. Comparable to IndiaLand in mixed-use commercial development, premium positioning, and GCC/IT tenant focus in markets like Bengaluru, Chennai, and Hyderabad.
• K Raheja Corp: K Raheja Corp operates Mindspace and other IT/business parks across India, including the listed Mindspace REIT. Directly comparable to IndiaLand in IT park development, GCC tenancy, and Grade A office positioning in Mumbai, Hyderabad, and Chennai.
• Phoenix Mills Limited: Phoenix Mills operates large mixed-use and retail-led developments including High Street Phoenix. Notable as a peer because Americorp (IndiaLand's parent sponsor) was an early investor in Phoenix Mills, and both operate in India's premium Grade A commercial and retail real estate segment.

Broad incumbents

• Embassy Office Parks REIT: Embassy REIT is India's largest listed office REIT, owning 40+ million sq ft of Grade A commercial space. Relevant to IndiaLand as a capital-markets benchmark and exit pathway for premium office portfolios, and as competition for institutional-grade occupiers.
• DLF Limited: DLF is India's largest listed real estate developer with a pan-India portfolio of commercial, office, and residential assets. Broad incumbent peer to IndiaLand given its dominant scale in Grade A offices and IT parks, though IndiaLand is a more focused, regionally concentrated operator.
• Godrej Properties: Godrej Properties is a pan-India listed developer with a substantial commercial office portfolio alongside residential. Broad incumbent peer to IndiaLand given national scale, listed capital access, and Grade A office presence in Pune, Chennai, and other tech cities.

Emerging players

• IndoSpace (Realterm-Indospace JV): IndoSpace is India's largest Grade A industrial and logistics real estate developer. Highly relevant to IndiaLand's planned 50:50 office:industrial rebalancing, as IndoSpace represents the specialist competitor the company must displace to capture meaningful industrial/logistics share.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/india-land-group
• Instagraminstagram.com/indialandcorporation
• Xx.com/indialandgroup
• Facebookfacebook.com/IndiaLandProperties

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Indialand