Alta Cap's EcoBox Industrial Acquires Land for Logistics Development
WAREHOUSING & LOGISTICS

Alta Cap's EcoBox Industrial Acquires Land for Logistics Development

EcoBox Industrial Parks, an operating platform newly established by Logicap Advisors, has acquired 50 acres of land in Chennai’s Mannur locality for greenfield logistics development. This marks the first land deal of the year for the company, which is backed by Alta Capital. EcoBox plans to develop industrial and logistics facilities spanning 1.2 million sq ft, with an investment of over Rs 400 crore. The site, located just 3 km from State Highway 50, is strategically positioned to meet the increasing demand for modern industrial and logistics infrastructure.

Ashish Shah, CEO of EcoBox Industrial Parks, explained, “Mannur’s prime location and excellent connectivity make it an ideal choice for expanding our industrial infrastructure. This acquisition is a critical step in bolstering our presence in India’s key industrial regions.”

EcoBox Industrial Parks now manages 4.8 million sq ft of industrial space, following its recent acquisitions, including 3.6 million sq ft of industrial assets from IndoSpace in Ranjangaon and Sri City near Chennai. The Mannur site adds significantly to its portfolio, which continues to grow since its formation in 2024.

EcoBox Industrial Parks, an operating platform newly established by Logicap Advisors, has acquired 50 acres of land in Chennai’s Mannur locality for greenfield logistics development. This marks the first land deal of the year for the company, which is backed by Alta Capital. EcoBox plans to develop industrial and logistics facilities spanning 1.2 million sq ft, with an investment of over Rs 400 crore. The site, located just 3 km from State Highway 50, is strategically positioned to meet the increasing demand for modern industrial and logistics infrastructure. Ashish Shah, CEO of EcoBox Industrial Parks, explained, “Mannur’s prime location and excellent connectivity make it an ideal choice for expanding our industrial infrastructure. This acquisition is a critical step in bolstering our presence in India’s key industrial regions.” EcoBox Industrial Parks now manages 4.8 million sq ft of industrial space, following its recent acquisitions, including 3.6 million sq ft of industrial assets from IndoSpace in Ranjangaon and Sri City near Chennai. The Mannur site adds significantly to its portfolio, which continues to grow since its formation in 2024.

Next Story
Real Estate

Sources Unlimited Launches Aurora Collection Inspired by Twilight

Sources Unlimited unveils the Aurora Collection, a luxury lighting series inspired by the soft glow before dawn. Featuring spherical forms and metallic accents, the collection plays with reflections and shadows, enhancing interiors with layered illumination. Designed for floors, tables, ceilings, and walls, Aurora seamlessly integrates into diverse spaces, from homes to hospitality settings. Now available at Sources Unlimited, the collection redefines lighting as an artistic medium, transforming spaces with warmth, nostalgia, and timeless beauty...

Next Story
Real Estate

Build Capital Exits Second SRA Project Investment Near BKC

Build Capital has successfully exited its investment in an SRA project near Bandra-Kurla Complex, marking another milestone in its structured real estate financing strategy. The early-stage investment helped the developer complete rehab work and align the project with DCPR 2034, enhancing total economics. With a 2.25 lakh sq. ft. development potential and projected revenue of over Rs 7.25 billion, the project generated a 19.76 per cent IRR with 100 per cent on-time interest payments. Commenting on the milestone, Kuldeep Jain, CEO of Build Capital, stated: “Our strategic funding and acti..

Next Story
Real Estate

Küche7 Unveils Affogato: A Fusion of Luxury and Function

Küche7, India’s luxury stainless steel kitchen specialist, has launched Affogato, a sculptural kitchen design that merges aesthetics with functionality. Featuring deep brown panels with a brownstone texture, a curved marble-topped island, and a seamlessly integrated gas cooktop, Affogato redefines culinary spaces. Thoughtfully designed storage ensures a clutter-free experience, while soft grey flooring and an inlaid ceiling complete its refined appeal. More than a kitchen, Affogato embodies slow li..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?