ESR plans to build 76-acre logistics park in Sohna, Gurugram
January 28, 2020: ESR, the APAC focused logistics real estate platform, announced its plan to build a logistics park in ‘Sohna’ - Tehsil of South Gurugram that can boost last-mile delivery for e-commerce players in Delhi NCR region.
January 28, 2020: ESR, the APAC focused logistics real estate platform, announced its plan to build a logistics park in ‘Sohna’ - Tehsil of South Gurugram that can boost last-mile delivery for e-commerce players in Delhi NCR region.
The 76.84-acre warehouse is close to the international airport and business hubs of New Delhi, Gurugram and Faridabad.
To be the largest warehouse
Poised to be one of the largest in the region, the park is expected to support last-mile delivery for national and global businesses with access to quality housing, retail malls, medical, educational facilities and a large talent pool. With this investment, ESR expands its India footprint to 14 locations.
Abhijit Malkani and Jai Mirpuri, country heads of ESR India stated, “ESR India is committed to building institutional-grade logistics infrastructure to facilitate the development and modernisation of the nation's supply chain. The Sohna project is expected to bolster our portfolio of strategically located logistics properties, thereby enhancing ESR’s ability to support its clients’ business growth by catering to quick distribution needs in the surrounding areas.”
Geography
Identified as New Gurgaon, Sohna has a huge geographical advantage and is poised to become the largest distribution hub in the region. The facility in Sohna is ideal for quick access into Delhi, Faridabad, UP, Gurugram and has good connectivity to the upcoming Delhi-Mumbai Freight Corridor, Delhi–Mumbai Expressway and the fully functional KMP-KGP expressway via Palwal. Scheduled for completion in 2023, the Delhi-Mumbai expressway, easily accessible from the location, will reduce travel time between the two cities to 12 hours from the current 22 hours. ESR acquired the land-parcel, formerly a part of keystone knowledge park, the first and only premier life science and technology ecosystem in Northern India, from the Mayar Group.
Malkani & Mirpuri added, “ESR Sohna will be well-positioned to cater to the needs of the expanding e-commerce industry with state-of-the-art infrastructure to aid advanced supply chain and logistics processes.”
Challenges in e-commerce
Currently, the e-commerce industry in India is facing a lot of challenges in terms of last-mile delivery with the incremental cost of maintaining forward distribution points. With accessibility to a skilled workforce from adjoining villages and proximity to urbanisation cluster of Gurugram & Faridabad, the last-mile delivery for Delhi NCR region will become more effective and in turn, help create employment opportunities in the surrounding areas.
The Sohna facility will also be integrated with the ‘ESR smart mobile app’ to enhance client experiences and ensure seamless park management. ESR India parks are IGBC (Indian Green Building Council) silver-rated, with energy and water-efficient designs to reduce environmental impact and operating costs for clients.