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MAERSK LEASES 2.43-LAKH-SQ-FT WAREHOUSE IN power at Farrukhnagar is unfold over 4.20 lakh sq ft and is related
BHIWANDI NEAR MUMBAI to the busy manufacturing hub of north India.
Global Integrated logistics firm A.P. Moller – Maersk’s subsidiary With its proximity to the Western Direct Freight Corridor (DFC),
Damco India has picked up warehousing area unfold over Farrukhnagar Warehouse will likely be a key facility for retail, CONSTRUCTION
almost 2.43 lakh sq ft by a long-term lease of 5 years in Bhiwandi FMCG and huge eCommerce clients, the corporate had stated
near Mumbai. The firm will likely be paying lease leases of over in its announcement in September.
`5.71 crore in the primary yr. The settlement features a clause to The Maersk Dadri Warehouse, unfold over 1 lakh sq ft is situated
escalate the leases by 4% each 12 months. throughout the Inland Container Depot (ICD), providing clients
Out of complete tenure of the lease, the primary three years will bonded warehousing options.
likely be a lock-in interval for Damco India and the owner could Being on the confluence of Western and Eastern DFC, having a
have a lock-in interval of all the 5 years. rail head connection, proximity to eight nationwide highways,
The firm has already paid a security deposit value over `1.90 and Jewar Airport arising inside 60 km vary, this warehouse helps
crore for the transaction. While the deal was registered in help its clients’ provide chains. The demand for warehousing
October, the corporate’s depart and license settlement area has stood out in the previous few quarters led by penetration
graduation date is April 18, 2022 because it was supplied with of e-commerce and development of third-party logistics in the
the dry entry to the area with the dedication to prepared the center of the continued pandemic state of affairs.
associated infrastructure, confirmed the paperwork accessed A beneficial regulatory backdrop together with the federal
by CRE Matrix, an actual property information analytics agency. government’s help by coverage and reforms are additional
The firm has already introduced the launch of this facility in anticipated to spice up the infrastructure spend and in flip the
September. ET’s electronic mail question to A.P. Moller – Maersk, general demand for contemporary warehousing.
close to business particulars of the lease deal, remained The industrial and logistics phase has turn into a key development
unanswered till the time of going to press. driver in actual property and enlargement of the net retail sector
In September, A.P. Moller – Maersk inaugurated two new has resulted in better demand for warehousing, thereby ensuing
warehouses in Haryana’s Farrukhnagar and Uttar Pradesh’s Dadri in increased investments in infrastructure and supply chain
taking its complete warehousing footprint to three. 3 million sq ft modernisation.
unfold throughout greater than 20 services in India. Of these, the

BUILDING BRICKS INDIA BRINGS AUTOMATIC ROBOTIC BLACKSTONE’S HORIZON INDUSTRIAL PARKS LEASES 4.1
BRICK MAKING TECHNOLOGY IN INDIA: UBAID AZIZ LAKH SQ FT TO BENTELER, LUMAX IN PUNE
BARUDGAR Blackstone Group-backed Horizon Industrial Parks has leased over
Galaxy Group’s Building Bricks India (BBI) has set up an automated 4.1 lakh sq ft built-to-suit manufacturing facilities to automotive
brick making plant, in Karjat Maharashtra. The company majors including Germany’s BENTELER Automotive and Lumax-DK
announced that, in a first in India, the latest-technology based Jain Group company Lumax Automotives in its park at Chakan in
plant will manufacture bricks through a robotic automated Pune. BENTELER Automotive, which is one of the world’s leading
process. The hand made brick making is now banned by the companies in the fields of automotive technology, steel and tube
Supreme Court due to environment and pollution hazards. production and engineering, has picked up a 1.5 lakh sq ft plug-
Ours is the first Robotic bricks making factory in India that and-play facility.
supports government’s Make in India initiative. The factory uses
latest Japanese and German Robotic technology to produce MICL GROUP’S AARADHYA HIGHPARK PROJECT; YET
environment-friendly bricks. It is the first time in India that a plant ANOTHER DELIVERY BEFORE TIME
is using such technology to manufacture bricks that doesn’t MICL group delivered yet another of their prestigious project
damage environment The plant, spread across 10 acre of area, ‘Aaradhya HighPark’ (tower A, B, C, D and retail) 16 months before
is located near Khapoli at Dolavali in Maharashtra. It will have a time of the possession date of March 2024 thereby allowing the
capacity of approximately 50 thousand bricks per day. customers to begin taking possession of their respective premises.
The automatic tech produces an actual architectural sized brick Located near Dahisar Check Naka, a spectacular 30-storey, 4
made in three different sizes that are non polluting and eco- towers offering bespoke 1, 2 and 3 BHKs are designed for the
friendly. It manufactures consistent size and shape bricks due to best space management and comfort coupled with world-class
robotic compression using natural high grade clay. amenities. Being one of the tallest towers in the vicinity, the project
The building blocks are produced on machines with German will offer its residents stunning panoramic green views of the
automated process technology and Japanese robotic Sanjay Gandhi National Park. Aaradhya Highpark offers some of
compression Production Logic Control. The bricks are 20% more the best-in-class amenities such as the Reflexology Walkway, The
energy efficient due to its higher thermal conductivity qualities that Fragrance Park, the Sports Lounge, Soul Park, A Walk to Remember
results in an overall savings of 35% against usage of regular bricks. Pathway, Party Hall, Mini-Theatre, Tree House, Yoga Grassland and
The bricks are manufactured using natural high grade clay. The The Grand Amphitheatre amongst many others. Along with the
bricks are acoustically engineered for efficient sound proofing, delivery of the prestigious residential towers, the group in parallel
resulting in 20% more energy efficient due to thermal conductivity also received the OC and delivered ‘Aaradhya Primus’, a 4-storey
and are pest, weather, fire and seismic resistant. thoughtfully designed commercial building.

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