Warehouse

Zomato Hyperpure leases 5.5 lakh sq ft of warehousing space in Bhiwandi

Zomato Hyperpure has leased 5.5 lakh sq ft of warehousing space in Bhiwandi at Rs 1.7 crore a month, its third warehouse deal in the Mumbai Metropolitan Region in 2025

Fresh supply of industrial, warehousing spaces up 6% in Jan-Sep: Colliers

New supply of premium industrial and warehousing spaces rose 6 per cent during the January-September period across the top eight cities, as builders look to expand portfolio to meet rising demand, according to Colliers. Real estate consultant Colliers India's latest data suggests that the fresh supply of industrial and warehousing spaces grew to 28.8 million square feet during the first nine months of this calendar year from 27.1 million square feet in the year-ago period. The data pertains to Grade A buildings. Delhi-NCR, Chennai, and Mumbai together accounted for nearly two-thirds of the total new supply. "The majority of the new completions were concentrated in NH 16 - Chennai, Bhiwandi - Mumbai and Luhari & Farukh Nagar micro markets of Delhi NCR, indicating the continued preference for well-connected localities with strong infrastructure linkages," the consultant said. As per the data, the new supply in Delhi-NCR increased 18 per cent to 9 million square feet during ...

Welspun One to invest ₹2,150 cr for warehouses across Karnataka, Tamil Nadu

Welspun One Logistics Parks expands Karnataka and Tamil Nadu portfolio to 260 acres with Rs 2,150 crore investment, targeting 6 msf development in high-potential corridors

Delhi-NCR sees 10% fall in rentals of warehousing in Jan-Jun: Vestian

Delhi-NCR has witnessed a 10 per cent decline in rentals of warehousing during the first six months of this year, according to Vestian. Real estate consultant Vestian said the rentals of warehousing spaces in the NCR region contracted significantly by 10 per cent annually to Rs 21 per square feet a month. "This decline could be attributed to a large share of leasing, around 60 per cent, recorded at rates below the city's average rent," the consultant said in a statement on Friday. The average rental values across the top seven cities remained largely stable, ranging between Rs 18-31 per square feet per month. Pune commands the highest rental of Rs 31 per square feet per month, driven by strong demand from 3PL, automotive, engineering, and manufacturing sectors. The rentals rose 13 per cent year-on-year during the January-June period in Pune. Mumbai region commands the lowest rentals of Rs 18 per sq ft per month amongst the top seven cities. The rentals fell 2 per cent annually in

Inside a dark store: The unseen hands that make 10-min q-commerce tick

The writer steps into a Big Basket dark store, and unlocks the secret that makes your quick commerce app the modern technological equivalent of Alladin's djinn

70% of APAC occupiers plan to expand warehousing portfolio in India: Report

APAC occupiers see India as a resilient logistics destination, driven by supply chain diversification, ESG focus, and infrastructure growth, says CBRE report

FinMin pushes banks to boost farm loans against e-warehouse receipts

So far, only eight banks have joined the NCGTC for credit guarantee coverage, while 26 banks have signed up for the e-KUN portal which is part of the Jansamarth portal

Godrej Consumer opens its first vertical storage warehouse in Bhiwandi

This storage facility is spread across 2.84 lakh square feet

BIS raids Amazon warehouse in Hyderabad, seizes 2.7K 'uncertified' products

The Bureau of Indian Standards (BIS) conducted a search and seizure operation at a warehouse of e-commerce major Amazon here and seized 2,783 "uncertified" consumer products. The seized products, which were being sold without the requisite BIS Standard Mark, are estimated to be worth more than Rs 50 lakhs, an official release said here on Wednesday. The operation was conducted on Tuesday at the warehouse located in Airport City, Shamshabad for violation of the provisions of the BIS Act, 2016, it said. During the raid, a total of 2,783 consumer goods, including smartwatches, electric water heaters, CCTV cameras, domestic electric food mixers, domestic pressure cookers, wireless earbuds, and electric and non-electric toys were found stored and offered for sale without the mandatory BIS Certification. These products fall under the purview of Quality Control Orders (QCOs) issued by the Government of India, making BIS certification compulsory. The offence under this provision is cogniz

Zomato Hyperpure leases over 250k sq ft warehouse in Lodha Industrial Park

The lease agreement is for five years, commencing on February 15, 2025

Speedy Multimodes renews 6-year partnership with Central Warehousing Corp

Multi-modal logistics operator Allcargo Terminals subsidiary Speedy Multimodes has renewed partnership with Central Warehousing Corporation (CWC) Mundra for six years to ensure continued services at its container freight station (CFS). As one of two strategically located facilities operated by Allcargo Terminals in Mundra, the CFS is well-equipped to provide flexible solutions and the required capacity to meet the rapidly growing export-import trade demands at this key port, Allcargo Terminals said. "The renewal of contract with Central Warehousing Corporation ensures that our customers will continue to avail our comprehensive services at our Mundra CFS. In line with the Indian Maritime Vision 2030 which aims to build India's leadership in the global maritime trade, we will continue to offer an effective gateway into India's hinterland to meet the emerging demand," Allcargo Terminals Chief Executive Officer Ashish Chandna said. Spread over 56 acres and well-equipped with 2 lakhs sq

Pristine Value Logistics to set up 165,000 sq ft warehouse area at Bhiwandi

Logistics operator Pristine Value Logistics on Thursday said it has signed a long-term lease agreement with the Antariksh Group for acquiring 165,000 sq ft area at Bhiwandi to commission a warehousing facility. The Grade A built-to-suit multi-client warehouse is expected to be operational by March next year, a company statement said. "We are growing our warehouse capacity to meet the rising demand and to ensure our customers get efficient, customised and scalable solutions. The expansion strategy is in sync with the overall outlook of the group to become an end-to-end logistics and supply chain service provider," said Sanjay Mawar, Director, Pristine Value Logistics and Pristine Logistics & Infraprojects Ltd. The mega warehousing facility adopts a plug-and-play model, allowing clients to scale and adjust operations with ease, the statement added. This expansion will strengthen Pristine Value Logistics' service delivery capabilities to cater to varied customers across industry ...

Amazon under fire in India: Unsafe warehouse, unrealistic targets exposed

A media report based on RTI findings and court records reveals safety lapses, forced break bans, and unrealistic targets at the Amazon's Manesar warehouse, with workers alleging harsh conditions

Welspun One launches Rs 2,700 cr warehousing & industrial park at JNPA SEZ

Integrated fund and development management platform Welspun One on Wednesday announced the launch of the country's largest single-location Grade A warehousing and industrial park at JNPA Special Economic Zone in Navi Mumbai at an investment of Rs 2,700 crore. With an annual throughput capacity of 36,000 TEUs, the facility which is a part of the strategic collaboration between Welspun One and Jawaharlal Nehru Port Authority (JNPA) can accommodate over 400,000 pallet positions along with parking provision for over 600 trucks, Welspun One said in a statement. The 55-acre integrated logistics ecosystem project is not just a logistics hub but a strategic business enabler as it is expected to generate direct and indirect employment for over 5,000 people, strengthening the local economy, it said. JNPA handling around 35 of India's maritime traffic is the largest container port by throughput. Originally envisaged as a 1.2 million sq ft park which entailed an investment of Rs 700 crore, the

Industrial and warehousing leasing up 17% growth in 9 months: Report

The 3PL segment accounted for 35% of the total Grade A space uptake in the first three quarters of CY 2024

Sumadhura Group leases warehousing space to Nippon Express in Bengaluru

Sumadhura has signed a 9-year lease agreement to provide ready-to-move-in warehouse space at its logistics park to global logistics player NX Logistics India

Horizon Industrial Parks to invest Rs 700 cr to redevelop CWC's warehouses

Logistics platform Horizon Industrial Parks, owned and managed by Blackstone Real Estate funds, will invest Rs 700 crore to redevelop warehouses of state-owned CWC in 13 locations. In a statement on Monday, the company said it has been "chosen as the lead partner by the Central Warehousing Corporation (CWC) to manage a portfolio of 13 last-mile logistics assets". The CWC is a public warehouse operator established by the central government under the Ministry of Consumer Affairs, Food & Public Distribution. During the 45 years of partnership, Horizon Industrial Parks will redevelop the government-owned assets into modern Grade-A facilities, tailored to tenants in fast-growing sectors like e-commerce, retail, third-party logistics, and cold chain. "With a development potential of 2.4 million square feet, this is one of the largest last-mile logistics portfolios in India. The investment commitment is expected to be around Rs 700 crore to support the growth of the portfolio," it ...

Macrotech acquires Opexefi Services, One Box Warehouse for nearly Rs 100 cr

Realty firm Macrotech Developers Ltd has acquired a 100 per cent stake in Opexefi Services and One Box Warehouse for nearly Rs 100 crore as part of its strategy to grow the development business of industrial & warehousing parks. Macrotech Developers Ltd, which sells properties under the Lodha brand, has executed Share Purchase Agreements (SPAs) for the acquisition of a 100 per cent stake in Opexefi Services Pvt Ltd (Opexefi) and One Box Warehouse Pvt Ltd (One Box), according to a regulatory filing on Wednesday. Opexefi and One Box will become wholly owned subsidiaries of the company, it added. "This is in pursuance of our planned strategy for calibrated growth in Digital Infrastructure viz. Industrial and Logistics," the company said. Macrotech Developers acquired Opexefi for Rs 46.67 crore. Opexefi, incorporated on December 6, 2018, is in the business of the development of logistics parks and warehouses. The total turnover for the last 3 years is zero as there are no business ...

3PL in Chennai, Delhi-NCR drive industrial & warehousing demand in H1FY24

First half of 2024 has witnessed 13 million sq ft of leasing activity, representing a 17 per cent year-over-year growth with Delhi NCR and Chennai leading the charge, says Colliers report

A $100 bn bet on China's economy sours as warehouses, industrial hubs empty

Logistics hubs that were built in anticipation of a long-lasting boom in e-commerce, manufacturing and food storage are losing tenants, forcing building owners to slash rents