Defying the global economic slowdown, India's real estate market has experienced an unexpected surge over the past two years, with the rental sector, in particular, becoming a beacon for investors worldwide.

Hines, a Houston, America headquartered global real estate investment and development company, is planning to expand its presence in India by raising a fund devoted to investing in office premises in India

Global real estate investment fund Hines is looking to add 4 million square feet of commercial and residential space in its existing portfolio in India, after the Covid-19 pandemic accelerated the demand for premium development, a top executive told ET.