+
MSREI partners with Prakhhyat for 7 lakh sqft Bhiwandi warehousing
Real Estate

MSREI partners with Prakhhyat for 7 lakh sqft Bhiwandi warehousing

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.

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.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

NABARD Holds Seminar on Vigilance, Integrity and Good Governance

National Bank for Agriculture and Rural Development (NABARD) organised a seminar on “Vigilance: Strengthening Integrity and Good Governance” on 25 August 2026 at its Head Office in Mumbai as part of the ongoing Vigilance Awareness Campaign 2026 being observed from 17 August to 16 November 2026, with the theme “Probity for Prosperity."" The seminar was graced by Suresh N Patel, Former Central Vigilance Commissioner, Government of India, as the chief guest and keynote speaker.  The programme was attended by G S Rawat, Deputy Managing Director, Dr Ajay K Sood, Deputy Managing Dire..

Next Story
Equipment

XCMG Unveils World's First 14,000-Ton Ring Crane for Heavy Lifting

XCMG has announced that the first main unit of the world's first 14,000-ton ring crane has rolled off the production line, marking a historic breakthrough in ultra-heavy lifting technology. Jointly developed by XCMG and Sinopec Heavy Lifting & Transportation Co., Ltd., the crane will be the largest-capacity ring crane ever built, setting a new benchmark for major construction projects worldwide.The crane features a modular configuration comprising two main units that work in tandem. The first main unit has completed final assembly and can independently perform lifting operations. Once both..

Next Story
Infrastructure Urban

Thriveni Logistics orders 200 tip trailers from Jagdamba trailers

Jagdamba Trailers (JTPL), one of India’s growing trailer manufacturers, has secured a significant order for 200 Tip Trailers from Thriveni Transport and Logistics Pvt. Ltd., a leading mining and logistics company serving operations across India and overseas.The order, placed for iron ore transportation, is a major milestone for JTPL, particularly as the company secured the business after competing with more than 10 established trailer manufacturers. It also strengthens an already successful relationship between the two companies. Approximately one and a half years ago, Thriveni Transport and..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code