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FM Logistic real estate development arm inks land deal with Lodha at Palava Industrial & Logistics Park

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FM Logistic real estate development arm inks land deal with Lodha at Palava Industrial & Logistics Park
Batilogistic and Lodha has signed a deal of Rs 106 cr to develop 30 acres land parcel at Palava Industrial and Logistics Park for FM Logistic India, with a total development potential of around 1 million sq-ft of warehousing space.

Further expanding FM Logistic India’s businesses, Batilogistic will undertake the development of this land parcel in phases over next 3-4 years. This development is part of the 290 acre Palava Industrial and Logistics Park that also includes a joint venture between ESR and Lodha.

Batilogistic, the real estate sister company of FM Logistic, has global expertise in the construction and maintenance of state-of-the-art Grade A warehouses. All warehouses constructed by Batilogistic are LEED certified and FM Global certified thus, facilitating optimal operational, environmental and cost efficiencies.

Palava Industrial and Logistics Park is now emerging as a world-class hub in the Mumbai region driven by its high quality infrastructure, well planned parks and proximity to Navi Mumbai, JNPT port and upcoming international airport. The park offers a range of options including built to suit structures, standard structures and land parcels..

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