ESR Cayman Limited (ESR) announced it plans to build a logistics park in ‘Sohna’ – Tehsil of South Gurugram, India. Sprawling over 76.84 acres, the site is in proximity of the international airport and business hubs of New Delhi, Gurugram and Faridabad. With this investment, ESR expands its India footprint to 14 locations.
“ESR India is committed to building institutional grade logistics infrastructure to facilitate the development and modernisation of the nation’s supply chain. The Sohna project is expected to bolster our portfolio of strategically located logistics properties, thereby enhancing ESR’s ability to support its clients’ business growth by catering to quick distribution needs in the surrounding areas,” said Abhijit Malkani and Jai Mirpuri, Country Heads of ESR India.
The facility in Sohna is ideal for quick access into Delhi, South Delhi, Faridabad, UP, Gurugram and has good connectivity to the upcoming Delhi-Mumbai Freight Corridor, Delhi–Mumbai Expressway and the fully functional KMP-KGP expressway via Palwal.
Scheduled for completion in 2023, the Delhi-Mumbai expressway, easily accessible from the location, will reduce travel time between the two cities to 12 hours from the current 22 hours. The company acquired the land-parcel, formerly a part of keystone knowledge park, the first and only premier life science and technology ecosystem in Northern India, from the Mayar Group.