ESR Expands Logistics Footprint In Nagpur With 58Acre Land ...

ESR Group Limited, the largest real asset manager in the Asia-Pacific region, has acquired 58 acres of land in Nagpur for the development of ESR Nagpur Logistics Park 2. The park will offer modern Grade A logistics facilities in an area dominated by lower-quality warehousing. It is expected to meet the growing demand for warehouse space driven by sectors such as e-commerce and third-party logistics. The park will feature 10 buildings catering to various tenant needs. Nagpur's strategic location and strong transportation links make it an ideal hub for logistics operations.

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Frequently Asked Questions - ESR Expands Logistics Footprint In Nagpur

Q: What is ESR's plan in Nagpur?

A: ESR Group plans to develop a large logistics park in Nagpur on a 58-acre land. This expansion reflects their commitment to sustainable growth and regional development. Source

Q: How much area will the logistics park cover?

A: The logistics park planned by ESR in Nagpur will cover approximately 1.4 million square feet. Source

Q: How much will ESR invest in the construction and expansion of the logistics park in Nagpur?

A: ESR Group plans to invest INR 400 crore in the construction and expansion of the logistics park in Nagpur. Source

Q: What types of businesses will the logistics park cater to?

A: The logistics park in Nagpur will cater to the diverse expansion needs of e-commerce, retail, and third-party logistics (3PL) services. Source

Q: What is the significance of Nagpur for the growth of the logistics park?

A: Nagpur is considered a pivotal location for the growth of the logistics infrastructure, and the Grade A facility by ESR will contribute to boosting the logistics infrastructure in Nagpur. Source