Growing with India, The Times of India

Experiencing quantum growth in foreign investments. India's remarkable growth statistics augur well for both local and foreign property developers. Keppel Land, as an early mover in the Indian real estate market maintains a strong position, particularly in the middle to upper-middle income segment whose rising affluence have raised the ante for quality residences in India.

Backed by a credible track record and partnerships with established local players, Keppel Land believes in forming strategic alliances with like-minded partners to leverage foreign-developer experience and local insights garnered to build residential developments that meet the needs of targeted buyers.

As one of the first foreign developers in India with luxury condominium projects such as Elita Horizon and Elita Promenade in Bangalore. Keppel Land has since extended its presence to Kolkata, with Elita Garden Vista.

Keppel Land's entry into Kolkata is an important milestone in its road map for India. Kolkata's economy is fuelled by robust IT and Business Process Outsourcing (BPO) sectors which have spurred the growth of the middle-income segment bringing about a rise in affluence and homeownership aspirations.

The residential sector in Kolkata has benefited from the employment growth generated from the growing IT sector. Higher disposable income, “ double income” phenomenon and availability of housing loans have also contributed to housing demand.

The positive economic outlook for Kolkata under its pro-active progressive and stable government has also made it conducive for foreign developers such as Keppel Land.

With its strong development track record both in Singapore and overseas. Keppel Land continues to explore opportunities in residential townships and integrated lifestyle developments by exploring development opportunities in other key growth cities in India as possible plans in the pipeline.