Flyjac Logistics acquires 22.3 acre land parcel from Lodha Group

29 Jul 2021 CW Team

Japan-based logistics firm Flyjac Logistics has acquired more than 22.3-acre land parcel from Lodha Group at its Palava Industrial and Logistics Park (PILP) near Mumbai.

Flyjac Logistics already has such an operational warehousing capacity across India. This transaction represents their first outright purchase of land parcels in western India to arrange a warehousing facility. Most of the third-party logistics warehousing amenities in the western area are leased property.

This is the fourth such transaction by Lodha Group at Palava Industrial and Logistics Park in the final two quarters. Batilogistic, a subsidiary of FM Logistic Group, entered an agreement to develop a 30-acre land parcel at this logistics park in April.

Flyjac is the fourth mega multi-national logistics firm to set foot into the Palava Industrial and Logistics Park within the final six months, besides from Swegon, FM Logistics and Katerra. With this, the primary park has been occupied and the developer could launch the second park over 130 acres.

The first park with concentrate on logistics and industrial improvement was launched in 2019 and since then, it has closed 170 acres with occupiers like FM Logistics, Flyjack, ESR-Lodha alliance, among others.

Flyjac Logistics is expected to begin work on growing the warehousing facility within the subsequent two months with an goal of commencing the operations right here within the subsequent 12-15 months.

Image Source

Also read: Blackstone set to become biggest warehouse landlord

Also read: Blackstone buys Embassy Industrial Parks

Real Estate

31 Oct 2025

Birla Estates Tops Global GRESB 2025 Rankings

Birla Estates (BEPL), a wholly owned subsidiary of Aditya Birla Real Estate (formerly Century Textiles and Industries Limited), has been recognised as a Sector Leader in the 2025 GRESB Real Estate Assessment, securing top honours across multiple global and regional categories.Birla Estates’ Achievements in GRESB 2025:Global Sector Leader – ResidentialGlobal Sector Leader – Non-Listed ResidentialRegional Sector Leader – Asia – ResidentialRegional Sector Leader – Non-Listed – Asia – ResidentialThese distinctions reaffirm Birla Estates’ exceptional performance in Environmental, ..

Progota India Secures RDSO Clearance for Kavach 4.0

Concord Control Systems, one of India’s leading manufacturers of embedded electronic and critical system solutions, announced that its associate company, Progota India, has received Technical Prototype Clearance from the Research Designs and Standards Organisation (RDSO) for Kavach 4.0, the latest version of Indian Railways’ indigenous Automatic Train Protection (ATP) system.With this clearance, Progota has been formally approved to execute its ongoing trial order from South Central Railway, marking a key milestone in India’s railway modernization journey. The approval also establishes P..

MPS Interactive Systems Completes Full Acquisition of Liberate Group

MPS Interactive Systems (MPSi), a material subsidiary of MPS, has completed the acquisition of the remaining shareholding in the Liberate Group of Companies—comprising Liberate Learning, App-eLearn, and Liberate eLearning.With this transaction, MPSi now holds 100 per cent ownership of all entities within the Liberate Group, making them its wholly owned subsidiaries. The acquisition was executed in line with the valuation methodology defined in the original transaction documents.Commenting on the development, Rahul Arora, Chairman and CEO of MPS, said, “The corporate learning sector continu..