ESR Group to launch new logistic park in Nagpur
Real Estate services and investment company ESR Group has taken up 58 acres of land in Nagpur with a total development potential of 1.4 million sq-ft. The group plans to invest Rs 400 crore to construct and develop ESR Nagpur Logistics Park 2.
This would be the company’s second logistics park in Nagpur and its twentieth park across the country. As per the firm the park is designed to accommodate 10 buildings, with building sizes ranging from 67,000 sq-ft to 190,000 sq-ft to meet a broad spectrum of tenant needs ranging from e-commerce to third-party logistics (3PL), retail and fast-moving consumer goods (FMCG).
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