Vantrock Real Assets Launches USD 434 Million Warehousing Development Platform in India
Mumbai, October 13, 2026: Real estate executive Anshul Singhal has launched Vantrock Real Assets Private Limited (VRAPL), an operator-led real assets platform targeting industrial, logistics, and warehousing developments in India with an estimated Gross Development Value (GDV) of Rs. 4,200 crore (USD 434 million), according to a press release issued by the company.
Headquartered in Mumbai, the platform plans to develop approximately 11.5 million square feet across key supply-constrained corridors. The initial phase includes ~3 million square feet valued at Rs. 1,100 crore (USD 113 million) located in the National Capital Region (NCR), Bengaluru, and Pune. Construction is scheduled to begin in 2027, with the first rental income targeted for 2028 onwards. An additional 8.5 million square feet across these markets and the Mumbai Metropolitan Region (MMR) will be operationalized in phases over the subsequent 12 to 18 months.
The platform will focus on acquiring strategic infill land parcels ranging from 15 to 60 acres to develop Grade-A facilities, alongside a refurbishment strategy targeting existing Grade-B facilities to upgrade them to Grade-A standards within six to twelve months. VRAPL’s development model encompasses big-box, multi-storey, last-mile, cold chain, and mixed-use industrial facilities, funded through equity, construction debt, and joint-venture structures.
“Every good industrial and warehousing park in this country is full, and the new ones are being built an hour or more away from where the customer’s business is,” Anshul Singhal, Founder & CEO, Vantrock, said. “We are going the other way by acquiring the infill land that is left inside proven corridors, and the Grade-B sheds already standing there, refurbished to Grade- A standards. These infill locations are slower and harder to assemble but bring in better value to our customers. We have done the assembling and our first 3 million sq. ft. construction starts in 2027.”
“Much of India’s warehousing was built before anyone asked whether it was safe to work in,” Shailesh V. Haribhakti, Chairman of the Board, Vantrock, said. “As a result, fire, structure, lighting, ventilation – these aspects were not prioritised. Bringing that stock to standard is as much a governance task as a real estate one, and it is the part of this plan I care about most.”
“India’s Grade-A warehousing market is at an inflection point,” Rami Kaushal, Managing Director – Consulting & Valuation, CBRE India, said. “Demand from 3PL operators, e-commerce players, and manufacturing occupiers is outpacing quality supply across key corridors near the major cities, and that gap is only expected to widen through the end of the decade.”
