Welspun One Logistics Parks launches second fund of Rs 2,000 crore

16 Mar 2023 CW Team

Welspun One Logistics Parks, an integrated fund and development management platform focused on warehousing and industrial real estate, launched its second fund of Rs 2,000 crore on Monday, including a Rs 1,000 crore green shoe option.

Welspun launched the first fund in early 2021 and received capital commitments worth Rs 500 crore from high net-worth investors and family offices. The capital was invested in companies totaling 6.5 million square feet, with the company expecting to deliver 50% of the portfolio by mid-2023, according to a statement.

The second fund, according to the company, has the largest development plan of 8-12 million square feet across tier 1 and 2 cities, as well as in-city projects in Mumbai, Delhi, and Bengaluru.

Warehouses are now a fully integrated priority sector. Because of favourable policy changes, this asset class has piqued the interest of national investors, according to Balkrishan Goenka, chairman of the Welspun group.

He also claimed that Welspun One is the only warehousing platform that allows domestic capital to only be invested in domestic warehousing. Welspun One will continue to build grade-A warehouses across the country as a result of this.

Anshul Singhal, managing director of Welspun One Logistics Parks, said the logistics space has already attracted USD 5-6 billion of foreign institutional capital so far.

Resources

09 Mar 2026

Haworth India Hosts Women’s Leadership Panel Series

Haworth India marked International Women’s Day by hosting a leadership roundtable series titled ‘Give to Gain’, bringing together senior women leaders from architecture and design firms, corporates and project management consultancies. The series has been conducted in Delhi and Mumbai, with upcoming sessions scheduled in Bengaluru and Hyderabad on 27 March 2026. Structured as moderated panel discussions followed by audience interaction, the initiative examined the business impact of women’s leadership and the role of inclusive workplaces in supporting professional growth. Manish Khan..

Max Estates Secures RERA For Max One Project

Max Estates has secured RERA approval (UPRERA No.: UPRERAPRJ9759) for its Max One development around Max Towers in Sector 16B, Noida, bringing renewed progress to a project previously stalled following the insolvency of its earlier developer. Spread across around 10 acres with an estimated development potential of about 2.5 million sq ft, Max One is planned as an integrated mixed-use campus combining serviced residences, premium offices, retail spaces and a private club. The project is expected to generate total sales potential of about Rs 20 billion along with an estimated annuity rental inc..

Hindware Introduces Starc Smart Wall Mount Toilet

Hindware has introduced the Starc Smart Wall-Mount Toilet under its Hindware Italian Collection, designed to combine automation, hygiene and contemporary bathroom aesthetics. The model features automatic flushing, sensor-based seat opening and closing, and remote-controlled functions. It also includes an oscillating water spray and warm air dryer for cleaning, along with a self-cleaning nozzle designed to maintain hygiene. Additional features include adjustable heated seating, customisable water temperature and pressure settings, a foot-touch flush system and an LCD control interface. The wa..