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21 Apr 2018 8:49 AM, Tidings Leanza Fernandes

Lodha Group forays into warehousing with 150-acre facility in Palava

In talks with three operators for joint venture

Lodha Group is foraying into the warehousing space with a 150-acre facility in Palava. The company is in talks with three operators for a joint venture. The company aims to set up a Grade A warehousing industrial park, according to Shaishav Dharia, Regional CEO of the Lodha Group. He stated that the selected location is ideal due to its proximity to both the Jawaharlal Nehru Port (JNPT) and the upcoming Navi Mumbai airport. The company aims to tap into the demand for Grade A warehousing due to its shortage in MMR (Mumbai Metropolitan Region).

1. https://www.thehindubusinessline.com/news/realty-firm-lodha-enters-warehousing-space-first-project-at-mumbai-suburb-palava/article23620403.ece