Development portfolio of large warehousing developers

01 Jun 2019 CW Team

Major developers in the warehousing space include IndoSpace, Embassy Group, Assetz, e-Shang Redwood and Panchshil Realty, among others.

IndoSpace has taken its total commitment to India to above $3.2 billion to build out a pipeline of 120 million sq ft of modern logistics infrastructure. Currently, it has a portfolio of 31 million sq ft across developed and under-construction projects comprising 31 industrial and logistics parks in nine cities. “All parks are located in key manufacturing hubs, from the NCR in the north to Chennai in the south, making IndoSpace the only national network in India,” says Rajesh Jaggi, Managing Partner, Real Estate, Everstone Group. IndoSpace started the year by launching its park in Bavla near Ahmedabad, Gujarat. It is continuing to evaluate opportunities to build logistics parks across Tier-II markets while expanding its presence in existing markets.

Embassy Industrial Parks has invested a total of Rs 7.4 billion in building two logistics parks in Gurugram and Rs 3.5 billion to build a 1.1-million-sq-ft industrial park in Chakan, Pune. The company is tapping Delhi-NCR, Mumbai, Bengaluru, Pune, Hosur, Hyderabad and Chennai, and will then move to other metros. It is already in the process of developing 200 acre in Chennai and 50 acre in Hosur, respectively.

Hiranandani Communities has launched its warehousing and logistics vertical, ‘GreenBase’. It is developing about 10 million sq ft in this space across India. As Dr Niranjan Hiranandani, Chairman & Managing Director, Hiranandani Communities & GreenBase, shares, “We are currently developing these parks in Pune, Chennai and Nashik, where we already hold land parcels. Infrastructure development work has begun in Pune, which is spread across 250 acre; and Chennai, nearly 100 acre. In the near future, we will target Tier I and Tier-II cities such as Bengaluru, Bhiwandi, NCR, Hyderabad and Kolkata in Phase 2, where we have already initiated the land acquisition process.”

SERAPHINA D’SOUZA

Major developers in the warehousing space include IndoSpace, Embassy Group, Assetz, e-Shang Redwood and Panchshil Realty, among others. IndoSpace has taken its total commitment to India to above $3.2 billion to build out a pipeline of 120 million sq ft of modern logistics infrastructure. Currently, it has a portfolio of 31 million sq ft across developed and under-construction projects comprising 31 industrial and logistics parks in nine cities. “All parks are located in key manufacturing hubs, from the NCR in the north to Chennai in the south, making IndoSpace the only national network in India,” says Rajesh Jaggi, Managing Partner, Real Estate, Everstone Group. IndoSpace started the year by launching its park in Bavla near Ahmedabad, Gujarat. It is continuing to evaluate opportunities to build logistics parks across Tier-II markets while expanding its presence in existing markets. Embassy Industrial Parks has invested a total of Rs 7.4 billion in building two logistics parks in Gurugram and Rs 3.5 billion to build a 1.1-million-sq-ft industrial park in Chakan, Pune. The company is tapping Delhi-NCR, Mumbai, Bengaluru, Pune, Hosur, Hyderabad and Chennai, and will then move to other metros. It is already in the process of developing 200 acre in Chennai and 50 acre in Hosur, respectively. Hiranandani Communities has launched its warehousing and logistics vertical, ‘GreenBase’. It is developing about 10 million sq ft in this space across India. As Dr Niranjan Hiranandani, Chairman & Managing Director, Hiranandani Communities & GreenBase, shares, “We are currently developing these parks in Pune, Chennai and Nashik, where we already hold land parcels. Infrastructure development work has begun in Pune, which is spread across 250 acre; and Chennai, nearly 100 acre. In the near future, we will target Tier I and Tier-II cities such as Bengaluru, Bhiwandi, NCR, Hyderabad and Kolkata in Phase 2, where we have already initiated the land acquisition process.” SERAPHINA D’SOUZA

Infrastructure Urban

17 Sep 2025

DCPC Prepares for Special Campaign 5.0 with Focus on E-Waste

The Department of Chemicals and Petrochemicals (DCPC), Ministry of Chemicals and Fertilisers, is gearing up for Special Campaign 5.0, to be held from 2nd to 31st October 2025. The initiative will focus on e-waste disposal as per MoEFCC’s E-Waste Management Rules 2022, space optimisation, and enhancing workplace efficiency across field offices.Special Campaign 4.0, conducted between October 2023 and October 2024, delivered notable results in record management, grievance redressal, scrap disposal, and cleanliness drives.Key outcomes of Special Campaign 4.0Records management: 2,443 physical fil..

Real Estate

17 Sep 2025

BlackRock India Leases 1.4 Lakh Sq Ft in Bengaluru

BlackRock Services India, the domestic arm of global asset manager BlackRock, has leased 1.4 lakh sq ft of office space at IndiQube Symphony in Bengaluru, according to Propstack data. The 10-year deal is valued at around Rs 4.10 billion.The lease, among the largest transactions in India’s co-working sector, highlights the growing preference of global institutions for flexible office providers. The agreement, commencing October 1, 2025, covers ground plus five floors in KNG Tower 1 at Ashoknagar, MG Road — one of Bengaluru’s prime commercial hubs.As per the lease document, BlackRock will ..

Infrastructure Transport

17 Sep 2025

L&T Bags Rs 25–50 Bn Order for Mumbai-Ahmedabad Bullet Train Track Works

Larsen & Toubro’s (L&T) Transportation Infrastructure business has secured an order valued between Rs 25 crore and Rs 50 billion from the National High Speed Rail Corporation Limited (NHSRCL) for the Mumbai-Ahmedabad High Speed Rail (MAHSR) corridor.The contract, Package T1, involves the design, supply, construction, testing, and commissioning of 156 route km of high-speed ballastless track on a Design-Build Lump Sum Price basis. The stretch runs from Mumbai’s Bandra-Kurla Complex to Zaroli village in Gujarat and includes 21 km of underground track and 135 km of elevated viaduct.Se..