Lodha Group is foraying into warehousing space with a 150 acre facility in Palava, Dombivli in Maharashtra.
The land for the industrial housing park has been identified and approvals are expected to come shortly. The company is also in talks with three operators for a joint venture around the Grade-A warehousing industrial park.
Palava is a 4,500 acre greenfield smart city in the Kalyan-Dombivli region being developed and managed by Lodha Group.