KSH INFRA and WSB Embark on Rs 450 Crore Logistics Park in Hosur

KSH INFRA has teamed up with WSB Real Estate Partners to establish a massive industrial and logistics park spanning 50 acres in Hosur. The project is valued at Rs 450 crore.

In this asset-level joint venture, WSB and its co-investors will hold a commanding 74 percent stake while KSH INFRA controls the remaining 26 percent. The park is expected to cover 1.25 million square feet.

KSH INFRA has been a dominant force in India's industrial and logistics sector, operating six parks across the country and successfully exiting three parks in Chakan I, Chakan II, and Talegaon. They have already delivered 4 million square feet in Pune and project an additional 3 million square feet in Bengaluru and Chennai.

(With inputs from agencies.)