Welspun One gets Rs 23 bn boost for JNPA park

08 Apr 2025 CW Team

Welspun One Logistics Parks (Welspun One) has secured Rs 23 billion in construction financing from the National Bank for Financing Infrastructure and Development (NaBFID) for its flagship logistics park project at the Jawaharlal Nehru Port Authority (JNPA) in Navi Mumbai.

The JNPA logistics park, spread across 55 acres within the JNPA Special Economic Zone (SEZ), marks Welspun One’s largest logistics development in India. Designed to global standards, the park will offer over 3.6 million square feet of industrial and warehousing facilities catering to the e-commerce, third-party logistics (3PL), fast-moving consumer goods (FMCG), and manufacturing sectors.

NaBFID’s 22-year term loan underlines its commitment to infrastructure-backed growth. “While we have financed other warehousing projects, this one stands out as it is located within a SEZ and is being built to international benchmarks,” said Samuel Joseph, Deputy Managing Director, NaBFID.

Welspun One highlighted that the funding ensures timely project execution and boosts their mission of delivering scalable, high-quality infrastructure. “This park will set new benchmarks in efficiency and scalability. With NaBFID’s support, we are positioned to accelerate execution and create long-term value for our stakeholders,” said Anshul Singhal, Co-Founder and Managing Director, Welspun One.

The project is expected to significantly contribute to India’s growing demand for modern logistics infrastructure.

Real Estate

30 Jul 2026

AI: The New Recruit

From getting ideas to evaluating designs, presenting concepts to clients and tracking projects, artificial intelligence (AI) is helping architects work better and faster.“AI allows architects to spend more time doing what only they can do: think critically, synthesise complexity and design with intent,” says Dikshu C Kukreja, Managing Principal, CP Kukreja Architects. “Every minute reclaimed from repetitive processes can be invested in creativity, contextual understanding, interdisciplinary collaboration and innovation – the qualities that define meaningful architecture.”To read the ..

Redevelopment 2.0

In 2017, Mumbai identified 160,000 ageing buildings due for structural audit. Close to half of these were in the Western Suburbs. Redeveloping the oldest and structurally weakest of these would help unlock new housing, much needed given the city’s growing population density and constant developed area of 437.7 sq km. At 30,600 people per sq km in 2024, Mumbai’s density was almost thrice that of Gurugram, and 60 per cent higher than Bengaluru’s.Essentially, Mumbai’s realty market has demand. It has capital. It has realty development potential.Fast forward to 2026. Mumbai has 1,094 regis..

Cost intelligence will become a strategic contributor to project success

As India's construction industry accelerates its digital transformation, integrated platforms, AI and connected data are becoming essential to improving cost certainty, project efficiency and sustainability. Ravi Kumar, Sales Director – India, RIB Software India, shares how digital workflows are reshaping project planning, commercial management and decision-making across the construction value chain.India's construction sector is embracing digital technologies at an unprecedented pace. From your perspective, what are the biggest shifts driving this transformation and how is RIB Software enab..