Cargo Breaking News
Mahindra Logistics has signed a five-year contract for a warehousing facility, spreading around half a million sq. ft area in Pune’s Khed locality. The contract is signed for a period of 5 years, with a monthly rent of Rs 1.15 Cr. Mahindra has signed the leasing contract with Karanje Emerald Logistics Park, located in Village KaranjeVihire, Khed, Pune. Mahindra Logistics has paid a security deposit of 3.45 Cr., to occupy a built-up area of more than 475,000 sq.ft. The agreement clearly states a 5-year license period, which commenced on January 3, 2025. This strategic decision will elevate Mahindra Logistics presence in India’s warehousing sector, said release.
