MSREI partners with Prakhhyat for 7 lakh sqft Bhiwandi warehousing

30 Aug 2023 CW Team

Global financial services major Morgan Stanley's real estate investment arm MSREI has partnered with developer Prakhhyat Group to construct a 7 lakh sq ft warehousing project in Bhiwandi, near Mumbai.

MSREI has invested around Rs 350 crore to acquire majority stake in the project 'One K-Square', coming up in Prakhhyat's existing facility K Square Logistics Park. This marks MSREI's entry into the Bhiwandi warehousing market.

The 25-acre Grade A facility will provide solutions for e-commerce, 3PL, FMCG and FMCD companies when completed by 2026. Prakhhyat will handle construction, leveraging its development expertise and MSREI's capabilities.

Prakhhyat's flagship K Square Logistics Park spans 156 acres with over 4 million sq ft space housing multiple tenants. The company has over 10 million sq ft projects under development currently.

The warehousing sector is poised for robust growth fueled by e-commerce expansion, 3PL services and manufacturing investments. The upcoming National Logistics Policy is also expected to attract more funding into the sector.

With strong demand prospects, the MSREI-Prakhhyat partnership aims to develop prime warehousing infrastructure in one of India's top logistics hubs to enable more commerce and trade competitiveness.

Products

04 Dec 2025

Kuche7 Launches Ruby Vanity for Sculpted, High-Performance Bathrooms

Kuche7, India’s leading maker of premium stainless-steel kitchens, has unveiled the Ruby Vanity, a bathroom system engineered for long-term performance with a warm, sculpted aesthetic. Built on a 304-grade stainless-steel framework, the vanity offers corrosion resistance, structural strength and high durability suited to humid environments.Precision metal-forming enables the seamless curved façade, finished in a matte beige PU coat and paired with a marble countertop for depth and texture. Stainless-steel internal carcasses ensure efficient, moisture-resistant storage for everyday use. The ..

Knauf India Doubles Capacity with New Metal Line at Khushkhera Plant

Knauf India, the world’s leading drywall and ceiling solutions company, has inaugurated a new Metal Line at its Khushkhera plant, doubling the facility’s overall production capacity. The expansion strengthens Knauf’s local manufacturing footprint and supports the growing domestic demand for advanced building materials.The launch was held during Knauf’s Dealer Engagement Day, which brought together dealers, partners and team members from across the country for a full-day programme combining technical demonstrations and engagement activities. The event began with a guided plant tour show..

Valueline Launches Tiberio by Ceramica Cielo in India

Valueline, a premium home solutions brand established in 2002, has announced the launch of Tiberio by Ceramica Cielo, an Italian bathroom collection that pairs traditional ceramic craftsmanship with contemporary design. The series is positioned to bring refined elegance and architectural depth to modern interiors.Designed by Andrea Parisio and Giuseppe Pezzano, Tiberio emphasises balanced proportions and a harmonious integration of ceramic and wood. The collection offers both modular and freestanding formats, enabling application across varied settings including high-end residences, boutique h..