BuildSpace Launches Rs 265-Crore Logistics Park in Bhiwandi

The park will offer about 1.3 million sq ft of leasable space across five warehouses, with unit sizes ranging from roughly 30,000 to 700,000 sq ft, targeting occupiers from third-party logistics, e-commerce, and quick-commerce firms from December 2026, ahead of operations scheduled for March 2027.

Published specifications include 12-meter clear height, 5-tonne-per-sq-meter floor load, insulated roofing, and FM Global-aligned fire protection, with the project targeting IGBC Platinum certification. The park sits on highway frontage with access to the Samruddhi Mahamarg and the Pune, Nashik, and Agra corridors, about 85 km from JNPA, and cites proximity to Chhatrapati Shivaji Maharaj International and Navi Mumbai International airports. Vestian research cited in the announcement put Bhiwandi at nearly 69% of Mumbai’s roughly 5 million sq ft of warehousing absorption in Q2 2026, with 3PL firms accounting for 41% of that quarter’s leasing activity.

For 3PL and e-commerce operators scouting capacity near Mumbai, the project adds to an already warehousing-dense Bhiwandi market, though no leasing commitments have been announced yet and the stated efficiency and cost benefits remain developer projections rather than confirmed outcomes.