Sameera Group is set to invest an estimated 150 INR-Crore in a maiden industrial and logistics park. It has also planned to invest nearly 1,800 INR-Crore to develop 5-6 Million-SqFt across South India over the next five years.
Sameera logistics park will be developed over an anticipated 450,000 SqFt at Sriperumbudur, Chennai. The project will primarily cater to light industrial manufacturing, e-commerce, third-party logistics (3PL), and other logistics occupiers. The development is expected to be completed and operational within 12-15 months.
Also Read: Upcoming Mixed-Use Development – Valor L&T Conrad, BKC, Mumbai
Sameera logistics park is planned as a Grade A industrial and logistics development. Meanwhile, the master plan incorporates efficient internal movement, common infrastructure, and sustainability measures. The development will also provide for rooftop readiness, rainwater harvesting, wastewater recycling, energy and water monitoring, along with EV-charging infrastructure. Additionally, the company aims to receive the IGBC Platinum certification.
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Disclaimer: The information herein is based upon information obtained in good faith from sources believed to be reliable. All such information and opinions can be subject to change. Furthermore, the image featured in this article is for representation purposes only. It does not in any way represent the project. If you wish to remove or edit the article, please email editor@biltrax.com.
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