IndoSpace has announced its expansion in the North with the launch of parks in Rajpura (Punjab) and Luhari (Haryana). The company’s Rajpura park, the only Grade-A park in the region, is spread across 47 acres and is located at the junction of NH-44 and NH-7. Rajpura has emerged as the warehousing and logistics hub of Punjab due to its proximity to the tri-city (Chandigarh-Mohali-Panchkula) area and its well-connected rail and road links to the rest of Punjab, Himachal Pradesh, Delhi-NCR and Rajasthan.
IndoSpace Luhari III, close to the Delhi-Jaipur highway in the heart of the warehousing hub in Gurugram (NCR), is spread across 67 acres. The site is within close proximity to several large industrial clusters, such as IMT Manesar, Dharuhera and Bhiwadi. IndoSpace currently has two operational parks in Luhari (Luhari I and Luhari II) spread across a combined area of 66 acres catering to the key markets in North India and with the new addition, IndoSpace doubles its acreage in Luhari.
“This significant expansion showcases IndoSpace’s commitment to building Grade-A logistics infrastructure to support the growth and modernisation of the nation’s supply chain. IndoSpace will continue to expand across existing as well as new markets in the future,” said Rajesh Jaggi, Managing Partner – Real Estate, Everstone Group (promoter of IndoSpace).