Latest News | NDR InvIT Opens 2.35 Lakh Sq Ft Warehouse in Goa
Get latest articles and stories on Latest News at LatestLY. NDR InvIT Trust, an infrastructure investment trust listed on the National Stock Exchange, has opened a 2.35-lakh square feet facility in South Goa, which will serve as a warehouse for a quick commerce firm and a logistics company.
Panaji, Jul 31 (PTI) NDR InvIT Trust, an infrastructure investment trust listed on the National Stock Exchange, has opened a 2.35-lakh square feet facility in South Goa, which will serve as a warehouse for a quick commerce firm and a logistics company.
The new building at NDR Varama Sir on Verna Airport Road includes a 1.06 lakh sq ft of space for a leading quick commerce giant and another 1.24 lakh sq ft for a third-party logistics company handling fast moving consumer durables products, a spokesperson of NDR InvIT Trust said.
With this, NDR InvIT strengthens its footprint in Goa, where it operates the largest warehousing and industrial park portfolio, with a total constructed area of 11 lakh sq ft across two flagship parks -- NDR Goaspace Pvt. Ltd. in the Verna Industrial Area and NDR Varama Sir on Verna Airport Road.
Together, these assets serve as critical nodes for high-volume, high-speed logistics and industrial operations in the region, the spokesperson said.
Jagdish Bhanushali, Project Director, said: "This facility reflects our commitment to future-ready infrastructure that meets the dynamic needs of modern trade, manufacturing and commerce."
NDR's Goa portfolio is strategically positioned to serve last-mile, regional, and nationwide distribution needs, offering scalable footprints, efficient circulation, ample docks, and value-added services that compress time-to-market and elevate service levels, Bhanushali said.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)