.Developer GAP Associates, a well-known real estate firm in Gujarat, has been granted the first RERA
Leasing of industrial and warehousing spaces across eight major cities went up by 35% during 2021 to 35.1 million square feet, driven by higher demand from third-party logistics and e-commerce players
The partneship will focus on smaller markets such as Pune, Mumbai, Delhi-NCR, and Bengaluru.
Avigna Industrial & Logistics Park on Saturday said it will invest Rs 837 crore in Tamil Nadu to develop industrial parks. The company has signed a Memorandum of Understanding (MoU) with the Tamil Nadu government for an investment of Rs 837 crore in the state, Avigna said in a statement. The agreement has been signed between Managing Director Rajasekaran S and Executive Director Abhijit Verma from Avigna Group and Tamil Nadu Chief Minister MK Stalin. Avigna will utilize the proposed investment to develop modern industrial development parks in various parts of Tamil Nadu in the coming years. We are pleased to announce this collaboration with the State Government and look forward to not only develop industrial parks but also bring economic development to the people of the state by generating employment opportunities," said Abhijit Verma, Executive Director and CEO of Avigna Group. Avigna is soon going to start operation of their first-of-kind food terminal market near Chennai which
ESR India will invest about Rs 300 crore to develop an industrial and logistics park in Gujarat as part of its expansion plan. ESR is a leading industrial and logistics real estate platform with a focus on Asia Pacific market. In a statement, ESR India announced "its plan to develop a 36.5-acre industrial & Logistics Park in Jalisana, an emerging industrial hub of North Gujarat". The proposed park will cater to expansion and consolidation needs for engineering, electronics, energy, construction, machinery, automobile, auto-ancillary, e-commerce, and 3PL companies in the region. The park is well connected to Delhi-Mumbai Industrial Corridor, Kandla Mundra, ICD Khodiyar and Thar Dry Port. "We are excited to enter one of the fastest-growing industrial zones of the country, with a robust manufacturing base and an upsurge in e-commerce adoption. We are ready to contribute to Grade A spaces to further augment industrial and warehousing activity in the region," said Abhijit Malkani, CEO,
Industrial and logistics real estate platform ESR India said it has signed an agreement with Tamil Nadu government to develop two industrial parks with an estimated investment of Rs 550 crore
Rough estimates by local industry owners indicate that at least 15 per cent of the 600,000-odd migrant workers employed in the region have already gone back
The setting up of the park would see creation of multiple direct and indirect jobs besides boosting the socio-economic growth in the regiongreenbase
Chief Minister Adityanath has called for setting up townships within a radius of two km on either side of three key expressways
Park has so far drawn Rs 1800 crore investments
State to provide 10,000 acres for an exclusive cluster; Chinese companies to invest Rs 40,000 cr