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FM Logistic India realty arm acquires 30 acre in Mumbai region from Lodha group for Rs 106cr

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. Now, register property deals online 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.

rental assets: Is creation of rental assets bad business for a cash-rich firm?

Synopsis Over the past few years, when quality has been in huge focus, Return on Capital Employed (RoCE) has become a key matric for judging the richness of a business, and rightly so. Business Head & CIO, ASK Investment Managers Agarwal has over 25 years of experience in the capital markets, and brings in immense and expertise across domestic and international broking houses. In his previous assignments, he has held senior positions as Head of Equity in Bharti AXA Investment Managers, Head of Equity ABN AMRO AMC and as VP & Head (Strategy and Research) at SBI Capital, where he was the youngest team leader heading a full-fledged research team.

Lodha Group strengthens Industrial and Logistics business leadership team

Lodha Group strengthens Industrial and Logistics business leadership team SECTIONS Share Synopsis 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. Getty Images 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).

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