Welspun One Expands Logistics Infrastructure with 22-Acre Land Acquisition in Gurugram
Welspun One, JLL India, Yogesh Shevade, Delhi NCR, Gurugram
Welspun OneJll IndiaLogistics InfrastructureGurugramDelhi NcrReal Estate NewsAug 20, 2024
The company plans to invest Rs 125 crore in the project, which is expected to create 1,500 jobs. This land transaction is unique in the sense that it’s a long lease of aggregated land from multiple private landlords i.e. lease over outright,” said Yogesh Shevade, head of logistics & industrial, JLL.
The acquisition is part of the company's strategy to expand its logistics infrastructure in India. Welspun One aims to create a robust logistics ecosystem in the country, and this acquisition is a significant step towards achieving that goal.
The project is expected to generate employment opportunities for over 1,500 people, contributing to the economic growth of the region. The investment of Rs 125 crore will also have a positive impact on the local economy.
JLL India played a crucial role in facilitating the transaction, showcasing their expertise in the logistics and industrial sector. Yogesh Shevade, head of logistics & industrial, JLL, said, “This land transaction is unique in the sense that it’s a long lease of aggregated land from multiple private landlords i.e. lease over outright.”
Welspun One is committed to developing world-class logistics infrastructure in India, and this acquisition is a significant milestone in that journey.
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Welspun One is an integrated fund and development management platform that aims to create a robust logistics ecosystem in India. The company is committed to developing world-class logistics infrastructure, and this acquisition is a significant step towards achieving that goal.
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JLL India is a leading professional services firm specializing in real estate and investment management. The firm provides comprehensive services to its clients, including logistics and industrial, office, retail, and residential.
Tags: Welspun One, JLL India, Logistics Infrastructure, Gurugram, Delhi NCR
FAQs:
Q: How much land has Welspun One acquired in Gurugram?
A: Welspun One has acquired a 22-acre land along the Bilaspur-Tauru Road in the Gurugram/NH-08 corridor.
Q: How much will Welspun One invest in the project?
A: Welspun One plans to invest Rs 125 crore in the project.
Q: How many jobs is the project expected to create?
A: The project is expected to create 1,500 jobs.
Q: Who facilitated the transaction?
A: The transaction was facilitated by JLL India.
Q: What is Welspun One's strategy for logistics infrastructure in India?
A: Welspun One aims to create a robust logistics ecosystem in India, and this acquisition is a significant step towards achieving that goal.
Frequently Asked Questions
How much land has Welspun One acquired in Gurugram?
Welspun One has acquired a 22-acre land along the Bilaspur-Tauru Road in the Gurugram/NH-08 corridor.
How much will Welspun One invest in the project?
Welspun One plans to invest Rs 125 crore in the project.
How many jobs is the project expected to create?
The project is expected to create 1,500 jobs.
Who facilitated the transaction?
The transaction was facilitated by JLL India.
What is Welspun One's strategy for logistics infrastructure in India?
Welspun One aims to create a robust logistics ecosystem in India, and this acquisition is a significant step towards achieving that goal.
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