BuildSpace Launches Rs 265-Crore Sahakar Logistics Park in Bhiwandi
Mumbai, November 3, 2026: Industrial and logistics infrastructure development platform BuildSpace has launched Sahakar Logistics Park, a Grade-A+ warehousing project spread across 42 acres in Bhiwandi, according to a press release issued by the company.
The project entails an investment of Rs 265 crore and will offer 1.3 million sq. ft. of leasable area. Sahakar Group, promoted by Kishore Agrawal with Pranay Agrawal serving as Director, awarded the exclusive mandate covering development management, engineering, procurement, construction, marketing, and leasing to BuildSpace. The project has achieved financial closure, with Sahakar Global Limited infusing Rs 100 crore of equity.
The master plan comprises five Grade-A+ buildings to accommodate build-to-suit requirements, with planned facilities including dedicated parking with electric vehicle charging stations, driver restrooms, and centralised utilities. The project targets third-party logistics, e-commerce, and quick-commerce occupiers, with construction currently underway. It is scheduled to begin accommodating occupiers in December 2026, with full operations expected in March 2027.
Rohan Latad, Managing Director and CEO, BuildSpace, said: “As occupiers seek well-located facilities with higher specifications for greater operational efficiency, demand for Grade-A+ warehousing continues to rise. At the micro-market level, Bhiwandi has emerged as a key hub, accounting for 85% of MMR’s demand in Q2 CY26. We are building Sahakar Logistics Park with these demand dynamics in mind. The facility’s location, building specifications and build-to-suit capacity will enable a wide range of occupiers to take space according to their requirements. For us, this is an important step in building scale in the MMR as we expand our industrial and logistics development platform across established and emerging markets.”
Pranay Agrawal, Director, Sahakar Group, said: “We are pleased to entrust BuildSpace with this mandate and are confident in its ability to deliver Sahakar Logistics Park through an end-to-end, integrated approach. Given Bhiwandi’s established logistics ecosystem and connectivity to key freight corridors, we see strong potential in developing this site into a Grade-A+ logistics asset that supports India’s growing supply-chain needs.”
