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110-acre warehousing project

Welspun One signs Rs 9-bn MoU with Maharashtra Govt for its 110-acre warehousing project in Bhiwandi.


Welspun One signs Rs 9-bn MoU with Maharashtra Govt for its 110-acre warehousing project in Bhiwandi.

Welspun One Logistics Parks (WOLP) has launched its maiden 110 acre Grade-A warehousing park with a leasable area of 3.2 million sq ft and an estimated investment of Rs 9 billion (US$ 120 million) in Bhiwandi – a key warehousing market in Mumbai Metropolitan Region (MMR), India’s largest consump..


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To be one of the fastest, most strategic asset classes to recover post-COVID.


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6 million sq ft of absorption recorded in Q1


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Residential bookings in MMR fall by 78% in Feb-March due to COVID-19

Study conducted by CREDAI MCHI with insights from over 100 MMR developer members


Warehousing witnessed over 50% growth YoY, almost 32 mn sq ft in 2018

Grade-A, B stock grown to 169 mn sq ft as against 138 mn sq ft a year ago


Development assets take the share

Investments in development assets across real-estate asset classes rise to 33 per cent


Commercial, affordable housing sectors to show continued strength

2018 will be recorded as a year marked by consistent volatility – on account of both international and domestic events.


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