ESR Expands Chennai Industrial Park with Rs 276 Crore Investment
ESR Group acquires additional 27 acres of land to expand its industrial and logistics park in Chennai's Oragadam area.
Esr GroupIndustrial ParkLogistics ParkChennaiOragadamTamil NaduInfrastructureIndustrial LandscapeGreen Building PracticesSustainable InfrastructureReal EstateJun 17, 2024
The park is strategically located in the heart of the Oragadam-Sriperumbudur cluster, which has witnessed robust growth in demand for Grade A assets. This latest expansion builds upon the success of ESR Oragadam's first two phases, which have welcomed many high-quality customers, such as electromechanical solutions provider CUBIC, automotive research and development firm A2Mac1, and speciality labelling company CCL.
ESR India CEO Abhijit Malkani said, \
Frequently Asked Questions
What is the size of the additional land acquired by ESR Group in Chennai?
27 acres
What is the total development potential of ESR Oragadam Industrial and Logistics Park?
2.5 million square feet
What is the investment value of ESR Group's latest expansion in Chennai?
Rs 276 crore (over USD 33 million)
What is the focus of ESR Group's business?
New economy real assets and modern solutions for logistics, data centres, life sciences, infrastructure, and renewables
Where is ESR Group listed?
Stock Exchange of Hong Kong
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