International Logistics Parks The Indian Way

Contents

Sr. No Topics

I Concept & Need of an International Logistics Park

II Concept of Regional Hub & Demand & Supply

III Mumbai Region - Bhiwandi Emerging Warehouse Hub

IV Operational Challenges – Bhiwandi Warehousing Hub

V Renaissance Logistic Park – A Snapshot

VI Key Learnings & Best Practices

VII Client Expectation & Needs Satisfaction

VIII Business Proposition & Way Forward

I. Concept and Need of International Logistics Park

Global Logistics Industry (LI) Scenario

Page 4

Global Logistics Industry (LI) = US$ 3500 billion

India’s Logistics Industry (LI) = US$ 66 billion

India’s LI % to Global Industry = 1.90 %

International Logistics Performance Index (LPI)

LPI depends upon the following areas:

1. Infrastructure : Quality of trade & transport related

infrastructure

2. Logistics competence : Competence and quality of logistics

services

3. Timeliness : Timeliness in shipments in reaching

destination within the scheduled or expected delivery time

4. Tracking & Tracing : Ability to track & trace consignments

5. International shipments : Ease of arranging competitively

priced shipments

6. Customs : Efficiency of clearance process

Rank Country

1 Germany

2 Singapore

7 Japan

8 U.K.

15 U.S.A.

27 China

47 IndiaSource: World Bank LPI Survey 2010

International Spends on Logistics Management

Country Logistics Spending(% of GDP)

3rd Party Logistics(% of total movement)

US 9.50 % 57 %

Japan 10.50 % 80 %

UK 11.00 % 68 %

China 18.60 % < 10 %*

India 13.00 % < 10 %

Lower the % of logistics spent to GDP, better is the logistics management Higher % of 3PL shows a higher share of organized players Developing countries spend excess on logistics management

* China exception to rule due to geographical conditions

Global Logistics Industry (LI) Scenario

Present Logistic Market of India FY 2009-10

Particulars Present F.Y.2009-10% Share (US $ in Bn) (Rs. In 000' Cr)

India's Total Logistic Market 100% 125.00 625.00 Organized 6% 7.5 37.5 Unorganized 94% 117.5 587.50

Particulars Future F.Y.2012-13% Share (US $ in Bn) (Rs. In 000' Cr)

India's Total Logistic Market 100% 135.00 560.00 Organized 14% 18.90 94.50 Unorganized 86% 116.10 580.50

Expected Logistic Market of India for the F.Y. 2012-13

India’s LI Scenario

Overall India’s Logistic Market

Growth rate is 18% - 20% p.a. in the

year

India’s

Expected

Investment in

LI by 2015 is

USD $350

billion.

India’s Logistic

Market :

Expected

growth of

CAGR of 8%

p.a. over the

next 3-5 years.

Page 7

Organised LI in India

6%

94%

India's Total Logistic Market

Organized Unorganized

Need of the hour : International Quality of Logistics Parks

Without this vital infrastructure, the cost of Logistics Industry will also

stay higher & the efficiency will be low.

Share of organised LI in India : 6%

India US Europe0

10

20

30

40

50

60

4

34

54

II. Concept of Regional Hub & Regional Demand & Supply

Potential Regional Hubs in India

JLL Warehousing Hubs Mckinsey High Growth (Production-Consumption) Clusters

1 NCR NCR

Mumbai Mumbai – Pune - Nashik

3 Bangalore Bangalore - Mysore

4 Kolkata Kolkata

5 Chennai Chennai

6 Hyderabad Hyderabad

7 Pune Mumbai – Pune - Nashik

8 Ahmedabad Surat - Ahemdabad

9 Surat Surat - Ahmedabad

10 Goa

11 Chandigarh

12 Kochi Kochi – Trivendrum

13 Vishakhapatanam Vizag - Kakinada

14 Nagpur

15 Coimbatore Coimbatore – Salem

Logistic Parks – Demand Factors

• Major Demand for Logistics comes from:– Industrial Activity

• Automobile Industry• Electronics & Electrical Industry• Textiles Industry• Machine & Engineering• Chemical & Pharmaceuticals• Food Processing Industry• Manufacturing SEZs

– Agricultural – Retail Sector– EXIM Cargo

Demand Parameters in Top 8 Locations

S.N. Location Demand Factors

1. NCR Delhi Industry (Auto, Textile, Electronics, Machine &Engineering, SEZs), retail, & agriculture

2. Mumbai Industry (Electronics, pharma, textiles, auto -components), retail, agriculture, EXIM cargo

3. Chennai Industry (Auto, electronics, textiles, SEZ), retail, EXIM cargo

4. Kolkata Agriculture, EXIM, retail

5. Bangalore Industry (Electronics, textile, auto), retail, agriculture

6. Hyderabad Retail, industry (Pharma)

7. Pune Industry (electronics, auto, textile/garment), retail

8. Vishakhapatanam EXIM cargo, industry (Chemicals & pharma, SEZ), agriculture

Supply Scenario of Logistics Space

S.N. Place/ CityNumber of CWC Warehouses Number of ICD/ CFS

1 NCR Delhi 25 122 Mumbai 18 303 Chennai 4 204 Kolkata 11 75 Bangalore 7 36 Hyderabad 1 27 Pune 2 2

8 Vishakhapatanam 4 4

NCR Delhi

Mumbai

Chennai

Kolkata

Banga

lore

Hydera

badPune

Vishak

hapata

nam0

200000

400000

600000

800000

1000000

1200000

554016

1015123

94545 182098104136

20285 29378114730

Total CWC Capacity in 8 Locations (MT)

Establishment of ICDs/CFSs offer advance logistic facilities and play important role in organized logistic activity

CWC is the biggest player in Logistics sector with operations from Agri-warehouses to ICDs

III. Mumbai Region – Bhiwandi Emerging Warehouse Hub

Key Logistics Hubs in MMR

Established/Emerging Logistic Hubs in Mumbai

Average Rentals Rs/ Sq Ft/ Month

Land Cost Rs in Crores/ Acre

Bhiwandi 13 1.00 Panvel 17 2.00Taloja 20 Trans Thane Creek Rasayani 16 Patalganga 15

Main Users / Sectors of the Proposed Product

SN Sectors % Share

1 Textile Sector 6%

2 Automobile Sector 32%

3 FMCG Sector 18%

4 Pharma Sector 14%

5 Cement Sector 4%

6 IT Sector 16%

7 Other 10%

Total 100%

Focus: Bhiwandi City

Current Market Trend Of Rental Rate Of Warehousing Complex In Bhiwandi

Warehousing Complex Rent Per Sq.Ft.

‘A’ Grade Warehouses Rs.15 – Rs.18

‘B’ Grade Warehouses Rs. 11 – Rs.14

‘C’ Grade Warehouses Rs. 8 – Rs.10

Buyer’s Segment / Key Players In Various Industries

Courier Industry•Bludart•First flight•AFL•DTDC•Overnight•Professional Courier

Warehousing Industry•CWC•DHL logistics•AFL•Om Logistics•Safex•Delhi Assam

Roadways•Patel Roadways•DHL•Schenker BAX•Semb Corp•Panalpina •Agil Freight Logistics

Air Express•Bluedart•Gati

Road Express•Gati•Safexpress•TNT•TCI

Source : CII Report, World Bank Survey, Report by Cushman and Wakefield, REC, ASSOCHAM Survey

Buyers’ Segments/ Players in various

Industries

Focus: Bhiwandi Warehousing Hub

Future Demand

13%

2%

22%

13%

50%

Future Demand for Warehouses for Year 2010-2015

Switchover of Corporate from il-legal Warehouses in Bhiwandi Agro & Industrial Need for Warehouses Retailing Sector Need for Warehouses Export & Import (Cargo Handling) Need for Warehouses Total Warehouses Space Demanded in Bhiwandi Sec-tor

Switchover of Corporatefrom existing Illegal Warehouses

SN Particulars Area in Mln Sq.Ft.

1 Switchover of Corporate from illegal Warehouses in Bhiwandi 15.00

2 Agro & Industrial Need for Warehouses 2.40

3 Retailing Sector Need for Warehouses 25.00

4 Export & Import (Cargo Handling) Need for Warehouses 15.08

Total Warehouses Space Demanded in Bhiwandi Sector 57.48

SN Industrial Sectors

Area in Lac

Sq.ft.

I Agriculture 8.67

II Metal 2.40

III Chemical 1.00

IV Petrochemical 7.58

V Pharmaceutical 0.09

VI Cement 3.92

Total ( I to VI ) 24.00

Converted into Million Sq.Ft. 2.40

Future DemandAgro & Industrial need for Warehouses 2010 - 15

ParticularsNo. ofUnits

Warehouse SpaceRequired (Mln

sq.ft.)

Need in Mumbai & MMR Region(Mln Sq.Ft.)

Retail : WH = 1 : 0.50

20%

Shopping Malls 225 45.00 9.00Hyper Market 280 14.00 2.80Dept. Stores 400 10.00 2.00Super Market 3,200 40.00 8.00Mega Specialty Stores

1,2006.00 1.20

Exclusive Brand Outlets

20,00010.00 2.00

Total 125.00 25.00Allowance of FDI in Retail sector (Single brand & Multi-brand), number of Malls, Hypermarkets, Supermarkets will increase in the coming years.Leading Corporates like Pantaloons (Big Bazaar), TATA (Westside), Reliance (Hypercity), Bharti Retails, Raheja’s (Shopper’s Stop), Reliance Retails, DLF Shopping Malls, Bata, Archies, Crossword and other global players are in the foray.Retail market is growing at 20%- 25% p.a.

Future DemandRetail Sector need for Warehouses 2010 - 15

Addl. Coastal Cargo Handling Space required 150 Lac Sq. Ft.Addl. Air Cargo Handling Space required 0.76 Lac Sq. Ft.

Total Area 15.08 Mln Sq. Ft.

Future DemandExport & Import (Cargo handling) need for Warehouses 2010 - 15

•India has the vast coastline of 7,517 Kms

• 95% of India’s foreign trade by volume involves sea transportation

•45 other non – major/ private ports are being modernized urgently to make Indian goods competitive in the international market.

•Reduction in tax (Import duty, Ad-volerum Duty, Port Charges) will give a tremendous boost to cargo handling traffic

•Rising Globalization and Increased International Trade between the countries, WTO, and the new SAFTA agreement signed between the SARRAC countries will boost the import and export of the country in the future years.

•Along the 720 km coastal line of the Maharashtra State, two major ports, namely Mumbai Port Trust (MbPT) and Jawaharlal Nehru Port Trust (JNPT) at Nhawa-Sheva are in operation

•Total Space Req. = 1 Tonne : 6 Sq.Ft.

IV. Operational Challenges : Bhiwandi Warehousing Hub

Major Issues faced by Operator in Bhiwandi Warehousing Hub

S.N

1 Absences of Legal and Marketable title for warehouse

Non-compliance of Development control rules & legal approvals

Absence of planned complex

Absence of Infra & Utilities of world class levels

2 No common facilities & amenities in warehousing complex

Substandard warehouse building with broken floor. Cracked walls, heating, dusty environment etc

Non-compliance Building for modern facilities like Racking system, forklifts, dock leveler etc

Local issues of various monopoly of varia, local transport, labour supply, security etc

3 Non-compliance of fire & safety norms hence loss of insurance cover

No human Interface in terms of toilets, restrooms, food courts hygiene

Water logging flooding & termites Insects pests creating lot of goods lost

No specialised facilities for temperature control , cold storage, chemical storage high cost good storage in strong room etc.

V. Renaissance Logistics Park

Bhiwandi

A Snapshot

Master Plan - Renaissance

Project SummarySr. No Particulars Description

A Project promoted by Special Purpose Vehicle Renaissance Infrastructure

B Type of Project

376 acres of Integrated Warehousing and Industrial Complex- Standard Warehousing complex of 120 acres- Green Industrial Complex of 80 acres- BTS Warehouse complex of 62.5 acres- BTSIndustrial Complex of 95 acres + 9 acres Commercial spare of 9 acres

C Green Industrial Units138 Units - Each 6,250 sq ft Small plot with building24 Units - Each 18,750 sq ft large plot with building1360 Units - Each 2065 sq ft Industrial gala

D Warehousing Capacity27 buildings2 million sq. ft. area 3 lac million metric tonnes storage capacity

Unique Selling Propositions

Assurance

1 ‘First 100% Legal’ Warehousing complex in Bhiwandi

2 The project is promoted by the Special Purpose Vehicle(SPV) and is being developed under the approvals granted by Central and State Government to SPV

3 All land rights are in the name of SPV, further transferred to buyer ensuring 100% title legality

4 The complex is master planned, designed and executed by PMC approved by Government of India

What makes Renaissance Warehousing Business-class?

Contd…Business Class Facilities

1 The superior warehousing facilities speed up the throughput time and efficiency of the business operations from checking into terminals, docking unloading, loading, palletizing and checking out.

2 46 ft. exclusive road for every building with 68 ft. main road and 121 ft. (8-lane-one way) circular loop road around the entire complex

3

The complex comes with world-class exclusive common facilities:• Inbound and outbound truck terminal• HRD training centre• Food courts, commercial complex, trade centre• Warehouse support services outlets• Logistics equipment and service centres• Goods storage, trading and display support services

4 The complex will have all MIDC equivalent facilities of roads, water distribution, power supply, drainage, security system and fire fighting system

5 The fire fighting station located within the complex

6 The complex will be professionally managed by a dedicated Operations and Management team headed by the CEO

Contd…Business Class Design1 All 27 buildings of the warehousing complex are branded world-class PEB structures

2The new warehouse structure has exclusive features of building insulation, air-conditioned, racking compliance and exclusive road for each warehouse building with controlled access

3Screwless, standing seam roofing (SS 2000): Puncture- free roof system, roofing system is designed to handle expansion and contraction of the sheets during high temperature variations and avoiding corrosion

4FM II (TR34) compliant flat floor for safety, precision, wide and narrow aisle racking arrangement. Strong reinforced, abrasion crack and dust resistant floor designed for racking and forklift loading

5Poliginus reflective insulation: Heat insulated (reduction of 7°C when outside temperature is 45°C plus), fire retardant, improves work efficiency and offers safer storage of goods.

6Pallet compliant flooring: The warehouse layout (length, breadth and height) is compliant to positioning of heavy duty racking system and designed to maximise the number of pallet positions

7 Continuous canopy of 6 m over-hung with Soffit

Location

Location of Future

Ring Road – MMR Plan

Location Plan

1

2

Proposed Ring Road - MMR Plan

Location Map

100% Marketable Title & Freehold Property

Step 1 to 6 to make property 100% marketable to freehold

SPV transfer the title to the buyer or purchaser

1

2

Project Land & Approvals

World Class Infra

Road Section

Traffic Management: Facilitating BusinessFacilitating a smooth flow: Our world-class traffic management systems are strategically planned to ensure that your goods move business-class. The terminals, wide central roads, directional guides, signages, inter-connected roads leading to warehouse and other units are planned for smooth flow and hassle-free movement.

S.N

A Truck Terminal C Entrance Management

The truck terminal has been designed considering the length of the containers (60 ft., 40 ft. and 30 ft.), with a parking capacity of 100 trucks.

For every truck which enters, the security checks for vacant space in the respective warehouse. Trucks will be permitted to enter the premises only if there is room else will be instructedto be parked in the truck terminal until availability of space in that warehouse.

B Facilities in Truck Terminal D Security Post

a. Canteen / Messb. Driver Dormitoryc. Shops

Each entrance has a security cabin responsible for screening allthe vehicles entering, coordinating on the availability of spacewith the warehouse in-charge and directing them towards thetruck terminal or the respective warehouse.

Contd…S.N

E Vehicular Movement G Traffic Flow ManagementOne-way movement of all trucksTwo loop roads to facilitate movement of the vehicle internally (in case of wrong turns)

•Internal signage assisting smooth vehicular movement•One-way traffic for incoming vehicles•Efficient traffic management staff controlling the traffic flow

F Road System• 121 ft. central complex road (8-lane, two-way)• 68 ft. main road (4-lane, one-way)• 46 ft. warehouse internal road (one-way)• Industrial tonnage cement concrete road• Road illuminated with sodium vapour lamp• Loop road for quick movement in case of a wrong turn• 41.75% of land area is road

Built-to-Suit: Provisions & PossibilitiesAt the Renaissance warehouse, our structures have been designed in a manner that allows us to incorporate certain additions as per your unique business needs. For example, if your wares need temperature control, you require a ceiling higher by a couple of meters. At the Renaissance warehouse, there are various such possibilities along with the trust of getting the additions done through the same expert team that has designed this world-class structure. Below is a comprehensive list of built-to-suit provisions and possibilities over and above the standard elements.

S.N Elements Customization possibilities1 Height Standard ceiling height: 8 m

Built-to-suit provision: Height can be extended up to 10 m2 Racking Built-to-suit possibility: Racking can be created with various financial

options3 Flooring Standard Flooring: M25 grade, 150 mm thick, steel fibre reinforced

concrete (SFRC), Dry Shake Hardener with Liquid Surface Hardener (LSH)

Built-to-suit possibility: Depending on the business need, flooring with greater weight-bearability can be created

Contd…S.N Elements Customization possibilities4 Mezzanine Built-to-suit possibility: Mezzanine floor can be created as per the

occupier’s need5 Air Conditioning Built-to-suit possibility: In case the wares require temperature

controlled environment, the same can be created on demand6 Cold Room Built-to-suit possibility: Walk-in cold room can be created7 Office Space In case the occupiers need to use a portion or the unit for office

purpose, the same can also be designed and created in a fully-functional format depending upon the needs

8 Light Standard offering: The structure comes with 265 lights Built-to-suit provision: More lights can be added as per the need Our warehouse is compliant with various business types, including: • Pharmaceutical Industry • 3 PL & 4 PL Logistic • Studio • Low cost IT • Agricultural Warehouse

Contd…S.N Elements Built-to-suit options Value Generation1 Interiors - Office &

Toilet DesignProvision of office at entrance of the warehouse.

Customization

2 Changing & Locker Room

Toilets at entry side of the warehouse for executives and at exit side for labor and drivers

Customization

3 Mezzanine Floors Provision of changing & locker rooms for workersProvision of mezzanine floors of required size for office purpose, as per requirement

Customization

4 Heavy-duty Racking System

Provision of racking system - pallet location - 11457 nos.

Customization

5 Dock Levelers Provision of dock leveler for easy loading and unloading, as per requirement

Customization

6 Air-conditioning Provision of air-conditioning of required tonnage

Customization

VI. Learnings & Best Practices

S.N Critical issues Problems Learning / Best practice

1 Fragmented ownership of land

Consolidation of land Local facilitator / Aggregator having in depth understanding and relation in village

2 Defective title No marketable title Comprehensive title search since 1957 (day), court search, forest search etc

3 Title holder not having possession

No possession of land Strong local team with surveyor having understanding of land possession

4 Land approvals Non transferability of land

Local connect from collector office to talathi inhouse team of experienced people to follow through & get complete approval

5 Local Mafia Stopage of work Local Influential people part of land acquisition parcel to manage

Locating & Land Acquisitionof Logistics Park

Approvalsof Logistics Park

Correct Land Use Violation of zone - Industrial Zone- Location clearance

Development Control Rule Compliance FSI Violation (Illegal property) Additional FSI/Higher FSI

Environment & State Pollution Control Board Pollution & complete disregard for environment Environmental clearanceMPCB content to establish product

Water, Power,Communication Boring water, load shedding & power cuts Water supply from irrigation

Express feeder (non load shedding line)

Local ApprovalsNA/ Deemed NA

Grampanchayat NOCT.P. Plan Approval (as applicable)

Design & Engineeringof Logistics Park

Contour, soil quality, slop of land•Graded land must to super flat floor •High quality of sub bare must•Vastu compliant stop of land

Master planning of Logistics Park •Always master plan the logistic park on International paramenters in terms of Roads planning, utilities planning, environment plan, vastu compliance in terms of entrance, Building facing etc

Infra & Utilities Design •Highway class road lanes, storm water drainages, transportation plan & traffic networking, WTP & Water supply network, STP & Sewages Netwok etc

Build Plan & Design

Common facilities & Amenities •Food courts Dhaka,Truck Terminals, Dormitories

Open space & Landscaping •Centrally located open space & landscaped area

Engineering & Contracting •Best & experienced contractors to execute projects, flooring contractor, PEB Structures

Page 45

Developmentof Logistics Park

S.N Ideal steps to follow the development of Logistics park

1 Earth work to achieve desired level - 2 to 3 meter above high flood line (HFL)- Nothing coordinates to create a grid for Vastu Compliance- All Building at zero degree

2 Road & storm water network through the complex

- Highway class lanes

3 Utilities corridors & Ducts - 3 to 4 meters utilities corridors

4 Locating WTP, STP, UG tanks, Fire station - Continuous source of water (Ideal from irrigation department)- STP to recycle water for irrigation & Flushing - Fire fighting system, fire station & CFO compliance certificate

5 - Centrally located open spaces & landscaped areas- At least 10% as open space - 5% common facilities & amenities- Common facilities & amenities location

6 Standard building & Built to Suit plots - International standard for warehouse building- Plotting out area for building in project

7 Optimise FSI Utilisation - Specialised contractors to execute specialized job

8 - Always reside people around complex travelling is most energy draining activity

- Residential Complex for work to work with all township amenities

Local Issue ManagementCritical issues Problems Learning / Best practice

Varai Monopoly of Loading and unloading by locals

1. Create local representative bodies2. Laid out policies for non interface by locals3. Take land on joint development & made

properties for letting out for villages4. Created fix compensation for village

development

Labour supply Monopoly of Labour supply 1. Labour contractor with license & compliance on market driver pricing

2. Objective to provide services to occupier3. No monopoly in labour supply

Local transport Monopoly of local transport 1. Transportation in local 2. Tempo station on market driven pricing 3. No monopoly

Security Monopoly of security 1. Creates 3 to 4 security licensed agency within village to provide services on market driven pricing & with quality of services

2. No monopoly

Local employment Fixed percentage of employment compulsory

1. HRD centre to train people on logistics skill2. Create semi skill & skill employment for use of

equipments & assembling

Operation & MaintenanceIssues Problems Learning & Best Practices

Quality of Infra Bad quality Design & Build to last for decades

Quality of Utilities Non - reliability

Create & build most reliable utilities i.e. water supply, electric system, sewage system, wages system, drainage system, fire fighting

Common facilities & amenities

Human interface ignored - Lack of Restrooms, Food areas, Dormitories, Provision stores

Very human centric master plan & complex use plan, creating sweet-spots around the complex & keeping it clean & usable

Warehouse Structure & Maintenance

Broken flooring, leakages, fire, water-logging, insects heat

World class flooring complying FM standards

Standing sun roof

Insulation

Fire-fighting system

Operation Management & Facilities Absence of professionalism

Professional & skilled facilities management companyRun Logistics Park as a service operation like hotel, hospital

VII. Client Expectation & Needs satisfaction

Critical issues for client

Page 49

S.N Critical issue for client in operation of warehouse

Learning (Best practice)

1 Flooring of warehouse - FM: Compliant, International certified flooring

2 Leak proof roofing - Standing seem (Screwless roofs)

3 Docking Bays with Dock levelers - 1.2 meters Docking bay with dock levelers

4 Security gates & gated complexes - Two level gated complex with security system

5 Truck terminal - 5 to 7% of area dedicated for truck terminal

6 Fire fighting system & Insurance compliance

- CFO Compliance & Certification

7 Local issue - Local committees & fixed payments

8 Availability of skill & semi-skilled labour - HRD centers local population to be trained to be employable

9 24 x 7 operation - Commutation facilities for 24 x 7 & residential facilities within complex

10 Heating & humidity in summer - Insulation, Righ vents, Turbo Ventilation

11 Flooding & Water logging - 3 to 4 meters above HFL, effective storm water drainage

Page 50

S.N Critical issue for client in operation of warehouse

Learning (Best practice)

12 24 x 7 Power - Express fidder, back up generator 13 Solid waste & unclear - Solid waste management & regular cleaning through facilities

management14 Fast turnaround time - Excellent road, clear traffic movement, equipment loading &

unloading, Highspeed connectivity15 Human Interface in term of clean toliets

etc- Public toilets, foot path, bus shelters, sitouts

16 Hygiene Food - Food courts lunch home, restaurants17 Recreation to loose Fat - Club facilities, Recreation grounds, gardens18 Traffic swift mobility - Signages, location standies, instruction boards19 Area for commerce - Marketing centre, Exhibition Area, hotels Factory outlets.20 Maintainance of warehouse building

equipment- Professional team for facilities management

Critical issues for client

VIII. Business proposition & way forward

Business proposition & Way Forward

Standard Building Built-to-Suit

Lease Lease

Ready for Possession 4.5 lac sq ft Ready to Build 15 lac sq ft

Area under construction

10.00 lac sq ft BTS under Negotiation 10 lac sq ft

Sale Sale

Area under construction for sale

3.0 lac sq ft Ready to be sold under BTS

10 lac sq ft

Properties at Renaissance Logistic Park Bhiwandi

Bhiwandi , MMR

DemandSupply

Demand

Supply

Total Warehouses Space Demanded

57.48

Total Industrial Space Demanded

53.71

Total Industrial Township Demanded

48,130

Total Warehouses Supply by RI 6.83

Total Industrial Park supply by RI 5.65

Total Industrial Township supply by RI

22,500

Mn Sq. Ft.

Mn Sq. Ft.

Mn Sq. Ft.

Mn Sq. Ft.

No. of Accommodation required

% of RI’s Supply to

total Demand

No. of Accommodation available

12%

11%

47%

Demand Supply Analysis

Thank You