Pardos Logistics has purchased a 41-acre property in Gurugram on the Ballabhgarh-Sohna Highway for roughly Rs 50 crore.
With a Rs 200 crore investment, it would create one million square feet of premium warehouse space.
The land was purchased from a consortium of investors located in Delhi. It will be created over the course of 18 months. The transaction was made possible by Anarock.
Pardos Logistics is a division of Pardos Real Estate, a development platform founded by DMI Group’s Alternative Investment Fund.