Thakral Corporation Ltd is strengthening its presence in India’s real estate sector by increasing its stake in a large mixed-use healthcare-led development project in Gurugram. The Singapore-based company plans to raise its ownership in the project entity from 13.64% to 95.28% through an investment worth nearly S$93.9 million.

The project spans around 21 acres in Gurugram and has a development potential of over 2.5 million square feet. The proposed development will include a hospital, healthcare and wellness facilities, residential units, and commercial spaces, making it one of the major integrated healthcare-focused real estate projects in the region.

According to the company, the project aligns with its strategy of investing in high-growth sectors such as healthcare and urban real estate development in India. Executives highlighted Gurugram’s strong residential demand, rapid urbanisation, and growing healthcare infrastructure needs as key drivers behind the investment expansion.

Industry experts believe healthcare-led mixed-use developments are gaining momentum in India as developers increasingly combine medical infrastructure, wellness facilities, housing, and commercial spaces within integrated urban communities. Gurugram continues attracting strong investor interest due to its infrastructure growth, corporate presence, and expanding residential market.

Key Highlights

• Thakral Corporation Ltd increasing stake in Gurugram project
• Investment valued at around S$93.9 million
• Ownership to rise from 13.64% to 95.28%
• Project spread across approximately 21 acres
• Development potential exceeds 2.5 million sq. ft.
• Mixed-use project to include:
  • hospital infrastructure
  • healthcare facilities
  • wellness centres
  • residential spaces
  • commercial developments
• Gurugram’s urban growth attracting international investors
• Healthcare-led real estate projects gaining popularity
• Project expected to support long-term mixed-use urban development

Experts believe rising demand for integrated healthcare and lifestyle infrastructure could drive more global institutional investments into India’s mixed-use real estate sector in the coming years.