In a bid to build industrial, logistics and warehousing parks, industrial clusters and townships, there is a rush to buy land across states, something that hasn’t happened since the SEZ frenzy more than a decade ago. “Brookfield is looking to invest in logistics parks. Niranjan Hiranandani-promoted Hiranandani Communities is planning to launch a 250-acre industrial park in Talegaon, Pune after it recently got approval for an integrated industrial area. Embassy Industrial Parks Pvt. It helps that we are allowed to draw long-term, cheaper debt after the logistics space was granted infrastructure status,” said Anshul Singhal, CEO, Embassy Industrial Parks.

Source: Mint February 08, 2018 18:45 UTC