BuildSpace targets 3 million sq ft industrial and logistics pipeline worth ₹600 crore

BuildSpace Development Management plans four industrial and logistics projects spanning more than 3 million sq ft, including the 42-acre Sahakar Logistics Park in Bhiwandi. The company is expanding across Maharashtra corridors while evaluating Dholera and Guwahati.

— Source publishedWed, 23 Sept, 2026, 20:47 IST·First seen Wed, 23 Sept, 2026, 20:55 IST·Source The Hindu BusinessLine

What happened

BuildSpace Development Management · BuildSpace plans over 3 million sq ft of industrial and logistics projects worth ₹600 crore, led by a 42-acre Bhiwandi

Key facts

  • Over 3 million sq ft development pipeline
  • Four projects
  • Estimated project value of ₹600 crore
  • More than 165 acres under development mandates
  • Sahakar Logistics Park spans 42 acres
  • Approximately 1.3 million sq ft chargeable development potential

Why this matters

BuildSpace’s Maharashtra expansion and evaluation of Dholera and Guwahati create potential partnership, land aggregation and tenant-led development opportunities in emerging logistics hubs.

What to watch

  • Formal project launches, land acquisitions and regulatory approvals for Sahakar Logistics Park and the other Maharashtra sites.
  • Pre-lease announcements, especially commitments from national 3PLs, e-commerce platforms or large manufacturers.
  • Warehouse rental growth, vacancy rates and new Grade-A supply in Bhiwandi, Pune, Nashik, Nagpur and Mumbai-adjacent corridors.
  • Debt availability, interest-rate direction and construction-cost inflation affecting industrial development returns.
  • Progress on Dholera industrial infrastructure and Guwahati multimodal connectivity.
  • State logistics, manufacturing and data-center policies that could alter land demand or incentives.
  • Seek land-title, zoning and environmental approvals for the four proposed projects, beginning with Bhiwandi.
  • Pursue anchor pre-leases or build-to-suit agreements with 3PL, e-commerce, automotive, consumer-goods and light-manufacturing occupiers.
  • Structure project financing or joint ventures with institutional capital, warehousing funds or REIT-linked platforms.
  • Phase construction to match tenant commitments and limit speculative inventory.
  • Advance site diligence in Dholera and Guwahati, focusing on road, rail, port/airport connectivity and state incentives.