IndoSpace launches three parks
Real Estate

IndoSpace launches three parks

IndoSpace, among India’s largest developer of Grade-A industrial real-estate and logistics parks, has launched three new industrial and logistics parks across Becharaji in Gujarat, Anantapur in Andhra Pradesh, and Sohna Taoru in Haryana. Continuing its pan-India expansion, these parks—with a total area of over 120 acre—will enable IndoSpace to grow its footprint strategically across significant regions while attaining its long-term goal of 120 million sq ft of modern logistics infrastructure across the country.

IndoSpace Industrial and Logistics Park Becharaji is spread over 40 acre and is situated closer to the Becharaji-Mandal Special Investment Region. The location offers ease of connectivity through direct access from the Becharaji-Surendranagar State Highway (SH-19) and is also in proximity to the ports of Kandla (310 m) and Mundra at (275 km). Becharaji is developing into one of the largest industrial manufacturing hubs for car and two-wheeler manufacturers and is also home to a Japanese industrial cluster.

IndoSpace Industrial Park Anantapur, in Andhra Pradesh, offers Grade-A industrial and warehousing facilities spread over 30 acre. The park is located close to NH-44 (Bengaluru-Hyderabad Road) and is well connected to Krishnapatnam Port (351 km) as well as Bengaluru Airport (132 km).

Spread over 50 acre, IndoSpace Logistics Park Taor, is situated near the Kundli-Manesar-Palwal (KMP) Expressway, NH 248A (Sohna-Gurgaon) and NH-48 and is close to the consumption markets of Gurugram, New Delhi and the rest of North India. The region is emerging as a major warehousing cluster in the NCR with major companies operating out of this area catering to the markets of the northern (Himachal Pradesh, Punjab, Haryana, Uttar Pradesh) and western (Rajasthan) regions.

“As a national developer, we strive to provide modern logistics and warehousing facilities across strategic and significant locations,” says Rajesh Jaggi, Vice-Chairman-Real Estate, Everstone Group. “The launch of these three parks marks IndoSpace’s rapid growth in laying down a strong foundation for Grade-A logistics infrastructure across the country. The year 2019 was significant for us where we entered into new markets as well as expanded in existing ones. We wish to carry the same momentum in this new year.”

IndoSpace has a portfolio of around 34.5 million sq ft across developed and under-construction projects comprising 34 industrial and logistics parks in nine cities.

IndoSpace, among India’s largest developer of Grade-A industrial real-estate and logistics parks, has launched three new industrial and logistics parks across Becharaji in Gujarat, Anantapur in Andhra Pradesh, and Sohna Taoru in Haryana. Continuing its pan-India expansion, these parks—with a total area of over 120 acre—will enable IndoSpace to grow its footprint strategically across significant regions while attaining its long-term goal of 120 million sq ft of modern logistics infrastructure across the country. IndoSpace Industrial and Logistics Park Becharaji is spread over 40 acre and is situated closer to the Becharaji-Mandal Special Investment Region. The location offers ease of connectivity through direct access from the Becharaji-Surendranagar State Highway (SH-19) and is also in proximity to the ports of Kandla (310 m) and Mundra at (275 km). Becharaji is developing into one of the largest industrial manufacturing hubs for car and two-wheeler manufacturers and is also home to a Japanese industrial cluster. IndoSpace Industrial Park Anantapur, in Andhra Pradesh, offers Grade-A industrial and warehousing facilities spread over 30 acre. The park is located close to NH-44 (Bengaluru-Hyderabad Road) and is well connected to Krishnapatnam Port (351 km) as well as Bengaluru Airport (132 km). Spread over 50 acre, IndoSpace Logistics Park Taor, is situated near the Kundli-Manesar-Palwal (KMP) Expressway, NH 248A (Sohna-Gurgaon) and NH-48 and is close to the consumption markets of Gurugram, New Delhi and the rest of North India. The region is emerging as a major warehousing cluster in the NCR with major companies operating out of this area catering to the markets of the northern (Himachal Pradesh, Punjab, Haryana, Uttar Pradesh) and western (Rajasthan) regions. “As a national developer, we strive to provide modern logistics and warehousing facilities across strategic and significant locations,” says Rajesh Jaggi, Vice-Chairman-Real Estate, Everstone Group. “The launch of these three parks marks IndoSpace’s rapid growth in laying down a strong foundation for Grade-A logistics infrastructure across the country. The year 2019 was significant for us where we entered into new markets as well as expanded in existing ones. We wish to carry the same momentum in this new year.” IndoSpace has a portfolio of around 34.5 million sq ft across developed and under-construction projects comprising 34 industrial and logistics parks in nine cities.

Next Story
Infrastructure Urban

Adani Group Invests $240M in Global Skills Academy

The Adani Group has announced a partnership with ITE Education Services (ITEES) of Singapore to establish a world-class talent pipeline for industries such as Green Energy, Manufacturing, Hi-tech, Project Excellence, and Industrial Design. The initiative will see an investment of over $240 million by the Adani family to set up internationally benchmarked schools of excellence, named Adani Global Skills Academy. These finishing schools will train students from technical and vocational backgrounds, equipping them with industry-relevant certifications. Graduates will have employment opportunities..

Next Story
Infrastructure Urban

Swiggy to Invest $120M in Scootsy for Expansion

Food and grocery delivery giant Swiggy Ltd announced on Friday that it will invest up to $120 million in its wholly owned subsidiary Scootsy Logistics in one or more tranches. Scootsy specializes in supply chain services and distribution, including warehouse management, in-warehouse processing with value-added services, and order fulfillment for wholesalers and retailers. "We wish to inform that the Board of Directors of the company, at its meeting held on Friday, February 21, 2025, has approved the investment by the company in the equity shares of Scootsy Logistics Private Limited, a wholly..

Next Story
Infrastructure Urban

Apollo Seeks Easier Visas to Boost Medical Tourism

Apollo Hospitals Enterprise has urged the government to implement a more liberal visa policy for overseas patients to strengthen India's medical tourism sector. "So our idea is to work with the government of India and really evolve this plan called Heal in India. We need enhanced E visas," Apollo Hospitals Enterprise Joint Managing Director Sangita Reddy said. She highlighted that competitor countries like Thailand, Turkey, the Philippines, and Singapore offer visas on arrival, making it easier for international patients to access treatment. "We are requesting the government to enhance the e..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?