ESR Group Expands Industrial and Logistics Park in Chennai with 27-Acre Land Acquisition
ESR Group has acquired an additional 27 acres of land to expand its existing industrial and logistics park at Oragadam in Chennai, bolstering Tamil Nadu's industrial landscape.
Industrial ParkLogistics ParkEsr GroupChennaiTamil NaduReal EstateInfrastructureReal Estate NewsJun 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. ESR India CEO Abhijit Malkani said, 'ESR's expansion in Oragadam is a pivotal step in our support for Tamil Nadu's commitment to becoming a major industrial hub. This project transcends Grade A industrial buildings.' By upgrading the supply chain with modern infrastructure, the ESR Group is empowering a new era of advanced manufacturing and logistics for customers and communities.
ESR Group focuses on new economy real assets and offers customers modern solutions for logistics, data centres, life sciences, infrastructure, and renewables. The company's fully integrated fund management and development platform extends across Australia/New Zealand, Japan, South Korea, Greater China, Southeast Asia, and India, including a presence in Europe and the US. With this expansion, ESR Group is crafting an ecosystem that prioritises innovation and environmental responsibility, enabling businesses to operate efficiently while minimising their environmental impact.
Frequently Asked Questions
What is the size of the additional land acquired by ESR Group?
The company has acquired an additional 27 acres of land.
Where is the ESR Oragadam Industrial and Logistics Park located?
The park is located in Oragadam, Chennai.
What is the total development potential of the park?
The park has a development potential of 2.5 million square feet.
What kind of customers has the park attracted so far?
The park has welcomed high-quality customers such as CUBIC, A2Mac1, and CCL.
What is ESR Group's focus?
ESR Group focuses on new economy real assets and offers modern solutions for logistics, data centres, life sciences, infrastructure, and renewables.
Related News Articles
Chembur's Real Estate Market Poised for Upward Movement
Chembur's residential real estate market has evolved from a mid-end to a premium category
Revitalizing Affordable Housing: Real Estate Developers' Plea to Finance Minister
Real estate developers urge Finance Minister to implement key reforms to bolster affordability, invigorate the real estate market, and advance housing accessibility for a broader segment of the population.
Unlocking the American Dream: 3 Businesses Facilitating US Green Cards through Real Estate Investments
Discover how Ashton Gray Investments, Peachtree Group, and CanAm Enterprises are helping Indian investors secure US Green Cards through strategic real estate investments.
Supreme Court Orders Sahara Group to Deposit Rs 1,000 Crore, Allows Joint Venture for Mumbai Land Development
The Supreme Court has directed Sahara Group to deposit Rs 1,000 crore in a separate escrow account within 15 days and allowed it to enter into a joint venture for developing its land at Versova in Mumbai.
The Rise of Baba Siddique: Mumbai's Real Estate Powerhouse
Baba Siddique, a prominent figure in Mumbai's real estate and political circles, started his journey as a corporator in 1995 and became an MLA for Bandra in 1999. His influence in the real estate market of Bandra is legendary, shaping the city's landscape
iPlanet, Apple's Premium Partner, Lights Up Mumbai with Cutting-Edge Tech Solutions
iPlanet, a prominent Apple Premium Partner from South India, has made a significant move by expanding its operations to Mumbai, bringing a wealth of advanced technology solutions to the city's tech-savvy residents and businesses.