IndoSpace to Invest $57 Million in Bhiwandi Logistics Park

03 Oct 2025 CW Team

IndoSpace, India’s largest developer and operator of industrial and logistics real estate, will invest $57 million to develop a 66-acre logistics park in Bhiwandi, a major hub in the Mumbai Metropolitan Region (MMR). The investment comes in addition to $330 million already committed in Maharashtra to bolster logistics and infrastructure.

Operations at the Bhiwandi park will commence in phases within this financial year, offering both ready-to-move-in and build-to-suit (BTS) options. With a development potential of over 1.7 million sq ft, the facility will cater to businesses in e-commerce, third-party logistics, FMCG, automotive and electronics.

Anshuman Singh, Managing Director and CEO of IndoSpace, said: “The launch of our Bhiwandi park underscores IndoSpace’s role in expanding India’s supply chain backbone. As consumption, manufacturing and trade evolve, reliable logistics infrastructure is crucial. Our facilities blend efficiency with sustainability, aligning with India’s growth imperatives.”

The park will incorporate ESG-compliant features, including green spaces and sustainable infrastructure. Its strategic location provides connectivity to Mumbai, Thane and Pune, with additional access via the Mumbai–Nagpur Samruddhi Expressway, enhancing regional distribution efficiency.

India’s warehousing and industrial parks are seeing strong demand. According to Cushman & Wakefield, Mumbai led leasing in H1 2025 with 7 million sq ft, a 131.3 per cent year-on-year increase, representing 23 per cent of all-India leasing, which reached 30.7 million sq ft, up 21.6 per cent year-on-year.

Infrastructure Urban

03 Oct 2025

Indian REITs Association Joins Global REIT Alliance

The Indian REITs Association (IRA) has become a member of the Global REIT Alliance, a coalition representing the global Real Estate Investment Trust (REIT) sector. The alliance, launched at the European Public Real Estate Association’s 2025 ReThink conference in Stockholm, aims to promote cross-border cooperation, policy dialogue, and market standardisation for the growth of REITs as an investment asset class.The Global REIT Alliance, which includes members from 24 countries, focuses on promoting global awareness of securitised real estate, supporting sustainable investment, providing indust..

Vande Bharat May Soon Connect Chennai and Rameswaram

Southern Railway plans to introduce a Vande Bharat Express between Chennai and Rameswaram following the completion of electrification on the 53-km Ramanathapuram–Rameswaram section.A proposal has been submitted to the Railway Board to operate the new daytime service from either Chennai Egmore or Tambaram, aiming to ease congestion on existing overnight trains along the 600–660 km route.Officials noted that while the section is cleared for electric locomotives, a 220-metre gap near Uchipuli will undergo trials before the Vande Bharat is introduced. The final route will consider travel time,..

RITES Partners with Etihad Rail to Boost Infrastructure Collaboration

RITES, a leading transport infrastructure consultancy and engineering firm, has signed a Memorandum of Understanding (MoU) with UAE-based Etihad Rail to enhance business collaboration with its subsidiary, National Infrastructure Construction Company (NICC).The partnership aims to combine RITES’ five decades of expertise in consultancy, transport infrastructure, and engineering with NICC’s execution capabilities, creating synergies for infrastructure projects across the UAE and other regions.The MoU was signed by HE Shadi Malak, CEO of Etihad Rail, and Rahul Mithal, Chairman and Managing Di..