Actis, Mahindra Lifespaces tie-up for logistics realty
WAREHOUSING & LOGISTICS

Actis, Mahindra Lifespaces tie-up for logistics realty

Actis, leading global investor in sustainable infrastructure and the real estate and infrastructure development arm of the Mahindra Group, Mahindra Lifespace Developers have entered into an agreement to set up a joint platform for developing industrial and logistics real estate facilities across India.

The total investment in the business over the initial years, including debt, is estimated to be Rs 2,200 crore. Actis will own a majority stake, and Mahindra Lifespaces will have a significant minority stake.

“The warehousing sector in India is in early stages of a transformation, rapidly gaining scale while also undergoing modernisation. As experienced builders and operators of sustainable new economy real estate, Actis sees enormous growth potential in the sector as India grows to become the third largest consumption economy globally by the turn of this decade,” said Ashish Singh, Partner and Head of India and SE Asia Real Estate, Actis.

According to him, the demand for industrial real estate is on the rise as India benefits from a renewal of domestic capital investment cycle, realignment of global supply chains in many sectors and as the government’s production-linked incentive (PLI) schemes catalyse more investment in manufacturing locally.

For the proposed platform, the developer has earmarked around 100 acres of land with ready infrastructure in two Mahindra World Cities in Jaipur and Chennai, offering a built-up potential of over 2 million sq ft. These sites will be offered to the platform for acquisition and development.

Your next big infra connection is waiting at RAHSTA 2025 – Asia’s Biggest Roads & Highways Expo, Jio World Convention Centre, Mumbai. Don’t miss out!

Actis, leading global investor in sustainable infrastructure and the real estate and infrastructure development arm of the Mahindra Group, Mahindra Lifespace Developers have entered into an agreement to set up a joint platform for developing industrial and logistics real estate facilities across India. The total investment in the business over the initial years, including debt, is estimated to be Rs 2,200 crore. Actis will own a majority stake, and Mahindra Lifespaces will have a significant minority stake. “The warehousing sector in India is in early stages of a transformation, rapidly gaining scale while also undergoing modernisation. As experienced builders and operators of sustainable new economy real estate, Actis sees enormous growth potential in the sector as India grows to become the third largest consumption economy globally by the turn of this decade,” said Ashish Singh, Partner and Head of India and SE Asia Real Estate, Actis. According to him, the demand for industrial real estate is on the rise as India benefits from a renewal of domestic capital investment cycle, realignment of global supply chains in many sectors and as the government’s production-linked incentive (PLI) schemes catalyse more investment in manufacturing locally. For the proposed platform, the developer has earmarked around 100 acres of land with ready infrastructure in two Mahindra World Cities in Jaipur and Chennai, offering a built-up potential of over 2 million sq ft. These sites will be offered to the platform for acquisition and development.

Next Story
Infrastructure Urban

Hindustan Zinc Cuts Freshwater Use by 28%, Saves 71 Billion Litres

Hindustan Zinc, India’s only and the world’s largest integrated zinc producer, has reduced its freshwater use by 28 per cent over the past decade, recycling 71 billion litres of treated sewage water between FY2016 and FY2025. This volume could meet Udaipur’s water needs for more than 500 days. Operating in water-stressed Rajasthan, the company has achieved 3.32 times water positivity by treating and reusing all process water in operations. In partnership with the Government of Rajasthan, Hindustan Zinc pioneered Udaipur’s first Sewage Treatment Plant (STP) in 2014 under a PPP mode..

Next Story
Technology

Atlassian Expands India Presence with New R&D Centre in Bengaluru

Atlassian, a leading provider of team collaboration and productivity software including Jira, Confluence, and Loom, announced the opening of its new R&D Centre in Bengaluru. Spanning over 2 lakh sq ft, the facility is four times larger than its previous office and designed to accommodate more than 1,000 employees, reinforcing India’s position as a strategic hub for the company’s global R&D efforts. Since entering India in 2018 with a 60-member team, Atlassian has grown to employ over 2,500 people, its largest workforce outside Australia and the US. Nearly 75 per cent of its In..

Next Story
Infrastructure Urban

Construction leaders recognised: L&T, ITD, Afcons, NCC

Mumbai Metro Line 3 soon to start,” said Ashwini Bhide, Principal Secretary to the Chief Minister of Maharashtra and Managing Director, Mumbai Metro Rail Corporation (MMRC), during her fireside chat with Pratap Padode at the 23rd Construction World Global Awards (CWGA) 2025. Her announcement struck a chord with the audience, resonating with what Dr Sanjay Mukherjee, Commissioner of the Mumbai Metropolitan Region Development Authority (MMRDA), had earlier shared in his keynote address: that Mumbai’s transformation was not just about megaprojects, but also about delivering them sustainably a..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?