NDR InvIT Acquires Rs 1.44 Billion Warehousing Asset In Lucknow

16 Oct 2025 CW Team

The Grade-A warehousing asset spans approximately 463,000 sq. ft of leasable area and is built on around 21 acres of land, the company said in a statement. The facility is currently 98 per cent occupied, housing leading clients across FMCD, third-party logistics, retail, and paint sectors.

Strategically located along the NH 30 (Lucknow–Raebareli Road) corridor, the warehouse enjoys excellent connectivity. Its location on the southern periphery of Lucknow ensures efficient access to major consumption and industrial hubs in neighbouring districts, the firm added.

The acquisition aligns with NDR InvIT’s strategy to expand its pan-India logistics portfolio through the addition of high-quality, income-generating assets in key consumption centres. With this investment, NDR InvIT continues to reinforce its position as one of India’s most diversified logistics infrastructure platforms.

“Lucknow serves as a key consumption and distribution hub for North India, and this investment reinforces our commitment to expanding into high-growth markets,” said N. Amrutesh Reddy, Director, NDR InvIT.

He added that the Trust aims to enable the next phase of India’s logistics transformation by building a network of future-ready, sustainable, and strategically located assets that strengthen the nation’s supply chain ecosystem.

Hiten Shah, Regional Business Head for East at NDR Asset Management, highlighted that the new facility exemplifies the company’s focus on quality and operational efficiency. “This Grade-A facility reflects our emphasis on modern infrastructure, efficient layouts, and multimodal connectivity tailored to leading occupiers,” he said.

NDR InvIT Trust, an infrastructure investment trust managed by NDR InvIT Managers and sponsored by NDR Warehousing Private Limited, currently manages assets spanning 19.22 million sq. ft across 67 warehouses and 37 industrial parks in 15 cities.

The addition of the Lucknow asset marks another step in NDR InvIT’s mission to expand its footprint across India’s logistics corridors and deliver world-class warehousing infrastructure.

NSE-listed NDR InvIT Trust has announced the acquisition of the MLG Warehousing and Industrial Park in Lucknow, Uttar Pradesh, valued at Rs 1.44 billion, marking its strategic entry into the city’s growing logistics market. The Grade-A warehousing asset spans approximately 463,000 sq. ft of leasable area and is built on around 21 acres of land, the company said in a statement. The facility is currently 98 per cent occupied, housing leading clients across FMCD, third-party logistics, retail, and paint sectors. Strategically located along the NH 30 (Lucknow–Raebareli Road) corridor, the warehouse enjoys excellent connectivity. Its location on the southern periphery of Lucknow ensures efficient access to major consumption and industrial hubs in neighbouring districts, the firm added. The acquisition aligns with NDR InvIT’s strategy to expand its pan-India logistics portfolio through the addition of high-quality, income-generating assets in key consumption centres. With this investment, NDR InvIT continues to reinforce its position as one of India’s most diversified logistics infrastructure platforms. “Lucknow serves as a key consumption and distribution hub for North India, and this investment reinforces our commitment to expanding into high-growth markets,” said N. Amrutesh Reddy, Director, NDR InvIT. He added that the Trust aims to enable the next phase of India’s logistics transformation by building a network of future-ready, sustainable, and strategically located assets that strengthen the nation’s supply chain ecosystem. Hiten Shah, Regional Business Head for East at NDR Asset Management, highlighted that the new facility exemplifies the company’s focus on quality and operational efficiency. “This Grade-A facility reflects our emphasis on modern infrastructure, efficient layouts, and multimodal connectivity tailored to leading occupiers,” he said. NDR InvIT Trust, an infrastructure investment trust managed by NDR InvIT Managers and sponsored by NDR Warehousing Private Limited, currently manages assets spanning 19.22 million sq. ft across 67 warehouses and 37 industrial parks in 15 cities. The addition of the Lucknow asset marks another step in NDR InvIT’s mission to expand its footprint across India’s logistics corridors and deliver world-class warehousing infrastructure.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Infrastructure Energy

05 Nov 2025

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Infrastructure Urban

05 Nov 2025

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..