KSH INFRA, WSB Invest Rs 450 Cr in Logistics Park
x
KSH INFRA and WSB to invest Rs 450 crore in a 50-acre industrial and logistics park at Hosur. JV to develop 1.25 million sq ft.
Illustration: Dominic Xavier/Rediff.com
New Delhi, Sep 29 (PTI) KSH INFRA and WSB Real Estate Partners (WSB), along with co-investors, will develop a 50-acre industrial and logistics park at Hosur with an investment of Rs 450 crore.
The two parties have entered into an asset-level joint venture. WSB along with co-investors holds 74 per cent and KSH INFRA has 26 per cent stake in the venture, a statement said.
The park has a developable area of 1.25 million square feet.
KSH INFRA has built a strong presence in the industrial and logistics sector with six parks across India, including three successful exits at Chakan I, Chakan II, and Talegaon.
The company has delivered 4 million square feet in Chakan, Pune, and has another 3 million square feet under development in Bengaluru and Chennai.
The two parties have entered into an asset-level joint venture. WSB along with co-investors holds 74 per cent and KSH INFRA has 26 per cent stake in the venture, a statement said.
The park has a developable area of 1.25 million square feet.
KSH INFRA has built a strong presence in the industrial and logistics sector with six parks across India, including three successful exits at Chakan I, Chakan II, and Talegaon.
The company has delivered 4 million square feet in Chakan, Pune, and has another 3 million square feet under development in Bengaluru and Chennai.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Vodafone-Idea
- 11.27 ( -0.79)
- 27227048
- Welcure-Drugs-and
- 0.46 ( -4.17)
- 19405428
- Sylph-Technologies
- 1.03 (+ 6.19)
- 15347876
- Meesho-L
- 184.75 (+ 8.20)
- 8457641
- Sunshine-Capital
- 0.27 (+ 3.85)
- 6772169
MORE NEWS
© 2025 Rediff.com India Limited. All rights reserved. Disclaimer - Terms of Service - Privacy Policy - Feedback