BuildSpace Development Management has unveiled an integrated platform for developing industrial and logistics assets in India, with an initial portfolio of more than 3 million square feet spread across four projects. The company also holds more than 165 acres of land under development mandate and puts the combined estimated value of its project portfolio and land at 11,000 crore rupees, though it notes that figure doesn’t represent contracted revenue, company valuation, or land owned by BuildSpace.
BuildSpace and its new logistics platform in 30 seconds
- The platform brings together more than 3 million square feet across four projects.
- BuildSpace holds more than 165 acres under development mandate.
- The company estimates its projects are worth 6,000 crore rupees.
- The land under mandate carries an indicative value of 5,000 crore rupees.
- Sahakar Logistics Park, in Bhiwandi, is one of the flagship projects, spanning 42 acres and about 1.3 million square feet of development.
The new structure aims to bring together, under a single platform, the different phases of developing industrial and logistics facilities, from initial land analysis through planning, construction, commissioning, and subsequent asset management. BuildSpace is pitching the model to manufacturers, logistics operators, landowners, and investors who need facilities tailored to their operations.
Bhiwandi hosts one of the first projects
Among the initiatives announced, Sahakar Logistics Park stands out, located in Bhiwandi, one of the main logistics markets in the Mumbai area. The project spans 42 acres and has approximately 1.3 million square feet of computable potential development area.
The complex is currently under construction and BuildSpace is marketing it for lease. The offering includes facilities aimed at both logistics and distribution operators and space for manufacturing companies. It also includes built-to-suit projects, facilities designed specifically for a given occupant’s needs.
The company plans to extend this model to different industrial corridors in Maharashtra. Locations identified so far include Chhatrapati Sambhajinagar, Ranjangaon, Nashik, and Nagpur. BuildSpace is also exploring opportunities in growing markets such as Dholera and Guwahati.
The selection of these areas, according to the company, reflects factors such as manufacturing investment, infrastructure development, and improving transport connections. BuildSpace expects these elements to help generate demand for new industrial and logistics facilities.
The platform’s approach isn’t limited to building standard warehouses. The company is pitching facilities designed around each business’s operational needs, an issue that matters when manufacturers and logistics operators need to combine storage, distribution, production, and associated services at a single location.
Three business lines for owners, operators, and investors
BuildSpace has organized its activity into three divisions: BuildINFRA, BuildVALUE, and BuildWEALTH. Each targets a different participant in the industrial and logistics asset development chain.
BuildINFRA is aimed at manufacturers, third-party logistics operators, and other occupants. Its services span site analysis, master planning, architecture, engineering, project management, construction coordination, operational readiness, and facility delivery.
The division also covers different development formulas, including facilities designed for a specific occupant, ready-to-operate spaces, and projects built on land owned directly by the client.
BuildVALUE works with landowners and asset holders who want to develop the potential of parcels located in what the company considers strategic locations. Depending on the structure agreed, the owner can retain the land while BuildSpace handles planning, development, tenant acquisition, leasing, and asset management.
The third division, BuildWEALTH, is aimed at institutional investors and financial partners interested in participating in specific Grade-A industrial and logistics asset projects. The company notes these partnerships will be subject to applicable legal and regulatory conditions.
This model lets BuildSpace participate in different phases of a project without limiting its activity to direct land ownership. The announced portfolio should therefore be read as a combination of projects and land managed under different models, not as a real estate inventory owned by the company.
A portfolio valued at 11,000 crore rupees
BuildSpace estimates that the four projects currently in its portfolio have a combined value of approximately 6,000 crore rupees. To that figure it adds an indicative value of 5,000 crore rupees for the land under its development mandate.
The total reaches 11,000 crore rupees, but the company draws an important distinction: the figure shouldn’t be read as contracted revenue, corporate valuation, or the value of land directly owned by BuildSpace.
The portfolio exceeds 3 million square feet of development and spans four projects. The available information doesn’t detail the individual size of the other three projects, so the specific figure of 1.3 million square feet corresponds to Sahakar Logistics Park.
The launch comes as BuildSpace looks to expand its presence in Maharashtra’s industrial corridors and evaluate new opportunities outside the state. Dholera and Guwahati appear as markets the company is assessing, while Chhatrapati Sambhajinagar, Ranjangaon, Nashik, and Nagpur are part of its initial focus.
The leadership team’s prior experience includes projects related to special economic zones, large-scale warehousing developments, container freight stations, cold storage facilities, port-linked infrastructure, multimodal freight platforms, and assets tied to agricultural supply chains.
The company plans to draw on that experience to manage industrial projects from the earliest planning stages through delivery and operation of the asset. For now, the platform is starting with four projects and more than 3 million square feet, with Sahakar Logistics Park as one of the developments already identified and under construction.
Frequently Asked Questions
What has BuildSpace launched?
BuildSpace Development Management has launched an integrated platform for developing industrial and logistics projects in India. Its initial portfolio exceeds 3 million square feet across four projects.
What is the estimated value of BuildSpace’s portfolio?
The company estimates its projects at 6,000 crore rupees and the indicative value of the land under mandate at a further 5,000 crore rupees, for a total of 11,000 crore rupees. BuildSpace clarifies this isn’t a figure for contracted revenue or a company valuation.
Where is Sahakar Logistics Park located?
The project is located in Bhiwandi and spans 42 acres, with approximately 1.3 million square feet of potential development. It’s currently under construction and being marketed for lease.
What services does BuildSpace offer?
The company organizes its activity into BuildINFRA, BuildVALUE, and BuildWEALTH, with services aimed respectively at industrial and logistics occupants, landowners, and investors and capital partners.
via: itln.in
