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FM Logistic arm buys Rs 106 cr land in Thane
Batilogistic and Lodha group have signed a Rs 106-crore deal 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.
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FM Logistic India s realty arm Batilogistic has purchased 30 acres of land in Mumbai region from Lodha Developers for Rs 106 crore to develop a warehousing project.
Batilogistic and Lodha group have signed a Rs 106-crore deal 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.
Lodha Group strengthens Industrial and Logistics business leadership team
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The group’s current focus will be on the development of Palava Industrial and Logistics Park (PILP), the company said in a release. Chopra with over 18 years of strong experience in real estate with over 10 years of exposure in logistics and warehousing developments across India, specialises in lease transactions, deal negotiations, and investment strategies.
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MUMBAI: Realty developer Lodha Group has strengthened its leadership team of Industrial and Logistics business with two new appointments. The group has appointed Ramit Chopra as National Head - Business Development & Leasing (Industrial and Logistics Parks) and Veeresh Rao as Technical Head (Industrial and Logistics Parks).