Welspun One Plans Data Centre And Residential Expansion
ECONOMY & POLICY

Welspun One Plans Data Centre And Residential Expansion

Welspun One, the warehousing arm of Welspun Group, is expanding beyond logistics into data centres and residential real estate while launching new alternative investment funds (AIFs) and exploring mixed use developments, according to Saurabh Gupta, chief executive officer for fund management. The platform will continue to assess opportunities to raise additional capital as it scales its logistics and industrial real estate business. New fund structures may be tailored to support these moves and to broaden the platform's investment mandate.

The firm has completed liquidation of its Fund one and has executed two exits while initiating the divestment process for four remaining assets totalling four point nine million (mn) sq ft, which management expects to conclude in the coming quarters. Fund two is in a growth phase with nearly Rs 2,000 crore invested across nine Grade A assets, a sum equivalent to Rs 20 billion (bn), and the focus remains on scaling the fund and expanding the investment pipeline.

The company is developing one million (mn) sq ft under WTC Thane, a licensed World Trade Centre brand, and has allocated Rs 1,000 crore near Mumbai for a Grade A office, retail and distribution centre scheme, equivalent to Rs 10 bn. It is also progressing WTC Nhava Sheva at JNPA SEZ, a port based World Trade Centre spread across 55 acres with development potential of around four point four five million (mn) sq ft and a planned investment outlay of Rs 2,700 crore, or Rs 27 bn.

Management said it will evaluate similar opportunities across Mumbai and other high density consumption markets and is targeting vertically integrated ecosystems that combine logistics, commercial infrastructure and consumer facing spaces within an efficient integrated model. The strategy is to pursue timely exits as assets mature while tailoring new fund launches to support expansion into data centres and residential projects and to seek to maximise value for investors.

Welspun One, the warehousing arm of Welspun Group, is expanding beyond logistics into data centres and residential real estate while launching new alternative investment funds (AIFs) and exploring mixed use developments, according to Saurabh Gupta, chief executive officer for fund management. The platform will continue to assess opportunities to raise additional capital as it scales its logistics and industrial real estate business. New fund structures may be tailored to support these moves and to broaden the platform's investment mandate. The firm has completed liquidation of its Fund one and has executed two exits while initiating the divestment process for four remaining assets totalling four point nine million (mn) sq ft, which management expects to conclude in the coming quarters. Fund two is in a growth phase with nearly Rs 2,000 crore invested across nine Grade A assets, a sum equivalent to Rs 20 billion (bn), and the focus remains on scaling the fund and expanding the investment pipeline. The company is developing one million (mn) sq ft under WTC Thane, a licensed World Trade Centre brand, and has allocated Rs 1,000 crore near Mumbai for a Grade A office, retail and distribution centre scheme, equivalent to Rs 10 bn. It is also progressing WTC Nhava Sheva at JNPA SEZ, a port based World Trade Centre spread across 55 acres with development potential of around four point four five million (mn) sq ft and a planned investment outlay of Rs 2,700 crore, or Rs 27 bn. Management said it will evaluate similar opportunities across Mumbai and other high density consumption markets and is targeting vertically integrated ecosystems that combine logistics, commercial infrastructure and consumer facing spaces within an efficient integrated model. The strategy is to pursue timely exits as assets mature while tailoring new fund launches to support expansion into data centres and residential projects and to seek to maximise value for investors.

Related Stories

Gold Stories

Next Story
Equipment

Zoomlion Unveils 1,600 HP Hybrid Tractor for Large Farms

Zoomlion Heavy Industry Science & Technology has recently unveiled its 9DX hybrid tractor at the 2026 China International Agricultural Machinery Exhibition in China. Delivering a peak output of 1,600 horsepower, the tractor is claimed by the company to be the world's most powerful and is designed for large-scale, heavy-duty agricultural operations.The 9DX incorporates an in-house-developed digital chassis, core components and intelligent control systems. Its hybrid continuously variable transmission technology and 800-volt dual-motor coupling system generate peak torque of 7,200 Nm, enabli..

Next Story
Infrastructure Urban

BASF Kids' Lab Brings Climate Education to 1,150 Hyderabad Students

BASF, in collaboration with the CSIR-Indian Institute of Chemical Technology (CSIR-IICT), Hyderabad, has recently organised its Kids' Lab programme from 26 to 31 October 2026, aiming to engage 1,150 municipal schoolchildren in hands-on chemistry experiments and climate action awareness.Designed for children aged eight to 12, the initiative encourages scientific curiosity through interactive experiments while introducing concepts related to sustainability, environmental protection and climate change.The BASF Kids' Lab programme operates in more than 30 countries and has reached over 62,000 scho..

Next Story
Building Material

JK Lakshmi Cement Begins Rs 110 Billion Assam Plant Project

JK Lakshmi Cement has recently laid the foundation stone for Project Kamakshi, its first integrated cement manufacturing facility in Assam, marking its entry into Northeast India. The groundbreaking ceremony was held at Umrangso village in Dima Hasao district in the presence of Assam Chief Minister Himanta Biswa Sarma.The project involves an investment of Rs 110 billion, including the mining lease, and will have an annual cement production capacity of 2.5 million tonnes, supported by a 1 million tonne clinkerisation unit. Scheduled for completion by FY2029, the facility is expected to generate..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code