16 Dec 2022 , 10:10 AM
Macrotech Developers will invest Rs330 crore in a premium warehouse facility in Mumbai as part of its expansion strategy and to meet increased demand from e-commerce and third-party logistics providers.
One of the top real estate companies in the nation is Macrotech Developers, which sells its properties under the Lodha name.
In Kurla, Mumbai, the Lodha Green Digital Infrastructure (LGDI) platform has purchased roughly 8 acres of property.
The land will be used to build a grade-A in-city fulfillment center with a floor area of roughly 4 lakh square feet, which would serve as the last mile warehouse infrastructure for 3PL, e-commerce, and quick-commerce businesses.
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