3 Lakh sq ft industrial space leased by Mahindra Logistics
Mahindra Group firm, Mahindra Logistics, has picked up nearly 3 lakh sq ft of warehousing space. The space is located at Sudhawadi, along the Talegaon-Chakan highway near Pune, and is leased for a period of over 5 years.
This lease supports the company's expanding operations in western India. As per the agreement, there is a monthly rental of Rs 71.37 lakh and a 5% annual escalation.
Also Read: Mahindra Logistics to launch 1 million sq ft warehouse space at Talegaon