Office Address
123/A, Miranda City Likaoli Prikano, Dope
Phone Number
+0989 7876 9865 9
+(090) 8765 86543 85
Email Address
info@example.com
example.mail@hum.com
123/A, Miranda City Likaoli Prikano, Dope
+0989 7876 9865 9
+(090) 8765 86543 85
info@example.com
example.mail@hum.com
The land at the
Mahindra World City in Chennai will be developed into an integrated industrial
and logistics park, the real estate developer said on August 5.
"This
is a great first step for Ample Parks to develop this project at a strategic
location in the thriving industrial ecosystem in Chennai,†RaghvendraChandak,
director of real estate at Actis said.
Announced
in 2022, the JV aims to develop more than 16 million square feet in both
Greenfield and brownfield developments, the two companies said in a statement. "Our aspiration is for the platform to
become one of the industrial and warehousing space providers of choice in
India, with solutions tailored to meet the needs of industrial customers and
supply chain operators," Chandak said.
Actis
holds the majority stake in the Ample Parks, having committed around $1.7
billion for real estate assets in Asia ever since its inception.
Ample
Parks said that the first project would create around 2 million sqft in
industrial development space, which can be used both as plug-and-play and can
also be built "bespoke" according to the needs of the customers.
