ESR Company Buys 27-acres Land for Logistics Park in Chennai

Introduction

ESR Company has acquired an additional 27 acres of land to expand its existing industrial and logistics park at Oragadam, Chennai. This expansion will allow ESR to meet the growing demand for industrial & logistics park in the region. Further solidifying its position as a leading player in the market.

Table of Contents

• ESR Group Investment for the Logistic Park
• Successful Development of ESR Company
• Logistics With Advanced Facilities | ESR Group
• Largest Listed Real Estate Investment Manager Worldwide
• ESR Oragadam Industrial & Logistics Park: Overview
• Frequently Asked Questions

The expanded area of ​​ESR Oragadam Industrial and Logistics Park is now spread over 107 acres with a development capacity of 2.5 million square feet. However, an additional 27 acres of land in Chennai Oragadam to expand its industrial and logistics park. The new land acquisition will also provide opportunities for ESR to attract more tenants and offer a wider range of facilities and services.

ESR Group Investment for the Logistic Park

According to a statement released on Monday, the company highlighted Rs. 2.76 billion investment reflects ESR Group’s commitment to strengthening Tamil Nadu’s industrial sector. The investment will focus on developing logistics and industrial parks in the region. Creating job opportunities and driving economic growth.

ESR Group also highlighted their dedication to sustainable development practices in all their projects. They expressed confidence in Tamil Nadu’s growth potential. We’re excited to contribute to the economic development of the state. The company aims to leverage its expertise in logistics and industrial park development to bring innovative solutions to the region.

ESR Oragadam Industrial & Logistics Park is strategically located in the cluster from Oragadam to Sriperumbudur. This prime location provides easy access to major highways and ports. It is an ideal hub for businesses looking to streamline their supply chain operations in South India. the park offers state-of-the-art infrastructure and amenities to support various industrial and logistics activities.

Successful Development of ESR Company

The latest expansion follows the successful development of the first two phases of the ESR Oragadam. The new phase includes state-of-the-art facilities and amenities to cater to the growing demand in the industrial sector. It has attracted several high-profile clients including, such as electromechanical solutions provider CUBIC, and A2Mac1. This expansion solidifies ESR’s position as a leading developer in the region.

ESR India CEO Abhijit Malkani said “With the addition of these state-of-the-art facilities, ESR Oragadam is well positioned to attract top-tier tenants. Further contribute to the economic growth of the region. The expansion in Oragadam is a key step in supporting Tamil Nadu’s aspiration to become a key industrial hub. State-of-the-art solutions for businesses looking to establish a presence in the region. He described the project as demonstrating ESR’s commitment to providing.

Logistics With Advanced Facilities | ESR Group

Malkani added that by enhancing the supply chain with modern infrastructure, ESR Group aims to facilitate advanced manufacturing and logistics capabilities to its customers and communities. It improves efficiency. Besides reducing costs for businesses, ESR also creates job opportunities in the areas where it operates. Stimulates economic growth. Overall, ESR Group is committed to innovation and sustainability in the supply chain industry.

Integrating green building practices, the ESR company CEO says. Sustainable infrastructure in their designs to enable efficient operations while minimizing environmental impact. He explained that ESR is developing an ecosystem. He said innovation and environmental responsibility are being prioritized.

Largest Listed Real Estate Investment Manager Worldwide

ESR Group is Asia-Pacific’s leading new economy real asset manager. The Asia-Pacific region and one of the largest real estate investment managers globally. ESR Group specializes in logistics, warehousing, and urban redevelopment projects. A strong track record of delivering high-quality and sustainable real estate solutions. ESR Group continues to expand its presence in key markets across the region.

Its integrated fund management and development platform spans Australia, New Zealand, Japan, South Korea, Greater China, Southeast Asia, and India. It also has an additional presence in Europe and the US. This extensive reach allows the company to leverage local expertise and insights in each market. Maximizing investment opportunities and growth potential. With a diverse portfolio of assets across multiple regions, the company is well-positioned for continued success and expansion.

ESR Oragadam Industrial & Logistics Park: Overview

Chennai’s largest and most developed industry. It is also known as the largest automobile hub in South Asia. Oragadam’s latest industrial landmark. ESR Oragadam offers precision planned state-of-the-art infrastructure in the heart of the industrial belt of Oragadam. The ESR organization includes 22 Fortune 500 companies. Good transportation like train, bus, and metro is very convenient. The housing in quality residential township projects by ESR Oragadam Industrial & logistics park.

Conclusion

ESR group has acquired 27 acres of land worth 2.76 billion in Chennai for future logistics park development. This strategic acquisition will allow ESR Company to expand its presence in the growing Chennai real estate market and tap into new growth opportunities.

With this investment, ESR Company aims to further strengthen its position in the real estate sector and increase the value of its portfolio. The company’s long-term vision is to establish itself as a leading developer in Chennai, providing innovative and sustainable solutions to meet the evolving needs of the market. For more information, visit openplot.

Also read Rustomjee Group Launches “Rustomjee 180 Bayview” Project in Mumbai Real estate parlor developers Rustomjee Group has announced the launch of its new residential project ‘Rustomjee 180 Bayview‘ in Matunga West, Mumbai on June 13, 2024. The project offers luxurious 2, 3, and 4 BHK apartments with modern amenities and breathtaking views. Suraksha Group to Pay Rs 133 Crores Instalment to YEIDA New Delhi and Mumbai-based Suraksha Group recently took control of debt-ridden realty firm Jaypee Infratech. Suraksha Group plans to complete pending projects and deliver homes to thousands of buyers. This acquisition marks a significant development in the real estate sector. Unlocking Vastu Benefits with Crystal Tree Placement Have you ever heard about the ancient Indian practice of Vastu Shastra? This 5,000-year-old system of architecture and design aims to create harmonious living spaces that enhance the well-being of its inhabitants. One powerful tool in the realm of Vastu Shastra is the placement of crystal trees within a home or workplace.

Frequently Asked Questions