Ample Parks Launches 71-Acre Industrial Park in Chennai, Aiming for Rs. 1,400 Crore Revenue

Ample Parks, a joint venture between Actis and Mahindra Lifespaces, has inaugurated its first industrial and logistics park in Chennai. The 71-acre facility, located in Mahindra World City, is designed to generate Rs. 1,400 crore in revenue over the next decade and create employment for 11,000 personnel across various industries.

Industrial ParkReal EstateChennaiAmple ParksSustainabilityReal Estate NewsJun 30, 2025

Ample Parks Launches 71-Acre Industrial Park in Chennai, Aiming for Rs. 1,400 Crore Revenue
Real Estate News:Ample Parks launched its first industrial and logistics park in Chennai on June 30, 2025, marking the entry of the joint venture between Actis and Mahindra Lifespaces into India's industrial real estate sector. The facility spans 71 acres within Mahindra World City's Domestic Tariff Area and offers 2.1 million square feet of leasable space.

The company invested Rs. 800 crore in the project, which represents the largest industrial space currently available in the Domestic Tariff Area of Mahindra World City. The development is strategically positioned near the Oragadam Industrial Corridor, targeting companies in engineering, automotive, electronics, and related manufacturing sectors.

Ample Parks expects the facility to generate annual revenue of Rs. 110 crore upon completion and approximately Rs. 1,400 crore over the next decade. The project is designed to create employment opportunities for nearly 11,000 personnel across various industries.

The park incorporates sustainability measures, including sourcing 50% of its power requirements from renewable energy sources. The development features 441,000 square feet of green space and more than 8,000 trees throughout the facility.

Akash Rastogi, Chief Executive Officer and Director at Ample Parks, stated that the company aims to expand its land portfolio by ten times within five to seven years across multiple projects in India. The facility offers both built-to-suit options and ready-to-move spaces for research and development and commercial purposes.

Ample Parks has identified expansion opportunities in tier 1 cities including Mumbai, Delhi NCR, Ahmedabad, Pune, and Kolkata, where demand for industrial and logistics real estate continues to grow. The company also sees potential in tier 2 cities such as Lucknow, Jaipur, Guwahati, and Nagpur.

Actis operates as a global investor in sustainable infrastructure, while Mahindra Lifespaces functions as the real estate and infrastructure development division of the Mahindra Group. The joint venture was established to develop industrial and logistics parks across India, focusing on addressing supply chain and infrastructure challenges for industrial clients.

The launch event attracted industrial occupiers, consultants, brokers, and financial institutions, reflecting interest in Chennai's industrial and warehousing real estate market. The company serves various sectors including manufacturing, assembly, third-party logistics, e-commerce, automotive, consumer goods, and retail.

Frequently Asked Questions

What is the size of the new industrial park launched by Ample Parks in Chennai?

The new industrial park launched by Ample Parks in Chennai spans 71 acres and offers 2.1 million square feet of leasable space.

How much did Ample Parks invest in the new industrial park in Chennai?

Ample Parks invested Rs. 800 crore in the new industrial park in Chennai.

What is the projected revenue for the new industrial park over the next decade?

The new industrial park is expected to generate approximately Rs. 1,400 crore in revenue over the next decade.

What sustainability measures are included in the new industrial park?

The park incorporates sustainability measures such as sourcing 50% of its power requirements from renewable energy sources, featuring 441,000 square feet of green space, and more than 8,000 trees throughout the facility.

What sectors does Ample Parks serve with its new industrial park in Chennai?

Ample Parks serves various sectors including manufacturing, assembly, third-party logistics, e-commerce, automotive, consumer goods, and retail.

Related News Articles

Grip Invest: Revolutionizing Alternative Fixed Income Investments in India
Real Estate

Grip Invest: Revolutionizing Alternative Fixed Income Investments in India

Grip Invest, an alternative fixed income online investment platform, has crossed ₹1,000 crore in assets under management (AUM) and is poised to tap into the vast pool of funds locked in bank fixed deposits (FDs) by offering secure, high-yield options to i

August 3, 2024
Read Article
Bharti Real Estate Sticks to North India Focus Amidst Pan-India Expansion Trend
real estate news

Bharti Real Estate Sticks to North India Focus Amidst Pan-India Expansion Trend

Bharti Real Estate will not expand beyond its home market in North India, unlike its peers, and will instead focus on building a $2 billion business district near Delhi airport.

September 15, 2024
Read Article
Happy Birthday Virat Kohli: A Glimpse into His Impressive Real Estate Portfolio
Real Estate

Happy Birthday Virat Kohli: A Glimpse into His Impressive Real Estate Portfolio

Known for his exceptional cricketing skills and off-field charisma, Virat Kohli is also a shrewd investor with a diverse collection of luxury homes and high-end assets. Let's take a closer look at his property portfolio.

November 5, 2024
Read Article
Navigating Low Mortgage Rates: A Real-Estate Investor's Perspective
Real Estate

Navigating Low Mortgage Rates: A Real-Estate Investor's Perspective

Discover how a savvy real-estate investor managed to secure a 2.75% mortgage rate in a market where rates are averaging 7%. Learn the strategies and insights that can help you achieve similar success.

November 9, 2024
Read Article
Trump’s Victory in 2024 US Elections Brings 'Trump Towers' to Bengaluru, Mumbai, Pune, and Three Other Indian Cities
Real Estate Pune

Trump’s Victory in 2024 US Elections Brings 'Trump Towers' to Bengaluru, Mumbai, Pune, and Three Other Indian Cities

Following Donald Trump's victory in the 2024 US presidential elections, India is poised to become the largest hub for Trump Towers outside the United States, with major projects planned for Bengaluru, Mumbai, Pune, and three other Indian cities.

November 10, 2024
Read Article
Outlook 2025: Indian Real Estate Poised for Growth and Innovation
Real Estate Pune

Outlook 2025: Indian Real Estate Poised for Growth and Innovation

India's real estate market is set to undergo a significant transformation by 2025, with industrial, warehousing, and alternative asset classes leading the way.

December 16, 2024
Read Article