Signalling a sharper focus on tier-2 and tier-3 cities, Finance Minister Nirmala Sitharaman on February 1 announced a sustained infrastructure push, with Budget 2026 unveiling a major thrust on regional urban development focusing on the development of city economic regions (CERs), with a proposed allocation of ₹5,000 crore per region over five years to implement […]
The initial public offering of Shadowfax Technologies Ltd., a Bengaluru-based third-party logistics player, opens for subscription today. At the upper price band of ₹124 per share, Shadowfax commands a valuation of approximately ₹7,169 crore. (Handout) As one of India’s leading hyperlocal and last-mile delivery networks, Shadowfax is positioning itself as a critical backbone for the […]
Adani Logistics Ltd, the logistics and warehousing arm of the Adani Group, has leased 66,250 sq ft of warehousing space to DMart (Avenue Supermarts Limited) at Dharna Camp in Raigad district, near Mumbai, for a total rent exceeding ₹100 crore for nearly 28 years, according to property registration documents accessed by CRE Matrix. Adani Logistics […]
Bengaluru-based real estate developer Sumadhura Group has signed a Memorandum of Understanding (MoU) with the Telangana government to invest ₹600 crore in developing a 100-acre Grade A industrial and warehousing park, the company said in a statement on December 10. Bengaluru-based Sumadhura Group has signed an MoU with the Telangana government to invest ₹600 crore […]
Welspun One, a warehousing and industrial real estate platform, will invest ₹550 crore to develop a 1.2 million sq ft Grade A logistics park in Pune, where it has been allotted a 46-acre MIDC-notified land parcel, the company said in a statement on December 9. Welspun One will invest ₹550 crore to build a 1.2 […]
Mumbai, Nov 25 (PTI) CPP Investments and IndoSpace joint venture IndoSpace Core on Tuesday announced the acquisition of six industrial and logistics parks valued at ₹3,000 crore (471 million Canadian dollars). IndoSpace Core, the CPP Investments–IndoSpace JV, has acquired six industrial and logistics parks valued at ₹3,000 crore (Represenational Image) (Pexels) The six parks, located […]
Scootsy Logistics Pvt Ltd, a fully owned subsidiary of Swiggy, has leased multiple warehouse spaces in Bhiwandi, near Mumbai, occupying a combined 1.21 lakh sq ft of space for a total monthly rent of ₹19.98 lakh, according to registration documents accessed by data analytics firm CRE Matrix. Scootsy Logistics, a Swiggy subsidiary, has leased 1.21 […]
GREATER NOIDA: The Integrated Industrial Township Greater Noida Limited (IITGNL) has started the process to commence work on Multi-Model Logistics Hub (MMLH) at the city’s Bodaki region near Dadri by issuing on Friday a tender crucial to finalise an expert agency for the project, officials said, adding that applicants started submitting their bid on Sunday. […]
Global industrial real estate leader Panattoni and Kerala-based Edayar Zinc Ltd on November 5 announced a partnership to develop a Grade A+ multi-client logistics and industrial park in Edayar Industrial Area, Kochi, with a total investment of ₹800 crore. Global industrial real estate leader Panattoni and Kerala-based Edayar Zinc Ltd on November 5 announced a […]
Mahindra Logistics Limited has leased a 4.75 lakh sq ft warehouse near Kolkata for 9.9 years at a total rent of over ₹135 crore, according to documents accessed by Propstack. Mahindra Logistics has leased a 4.75 lakh sq ft warehouse near Kolkata for 9.9 years at over ₹135 crore, documents from Propstack show. (Representational Image) […]