BuildSpace, a Navi Mumbai-based industrial and logistics infrastructure development platform, has launched Sahakar Logistics Park, a Grade-A+ warehousing project spanning 42 acres in Bhiwandi, Mumbai Metropolitan Region (MMR). The company has secured an exclusive mandate to oversee the project’s development management, engineering, procurement and construction (EPC), marketing and leasing.
The project will offer 1.3 million sq. ft. of leasable space and involve an investment of Rs 265 crore. It has already achieved financial closure, with Sahakar Global Limited contributing Rs 100 crore in equity and lenders expressing interest in financing the development.
Sahakar Group, a diversified business conglomerate with interests in toll collection, sand mining, and real estate, awarded the mandate to BuildSpace. Mr. Kishore Agrawal promotes the group, while Mr. Pranay Agrawal serves as its Director.
Sahakar Logistics Park represents BuildSpace’s flagship EPC mandate under its BuildVALUE vertical. Furthermore, the project forms part of the company’s development pipeline, which currently exceeds 3 million sq. ft.
Under the agreement, BuildSpace will manage the entire development lifecycle, covering conceptualisation, design, master planning, statutory approvals, engineering, and construction. Additionally, its responsibilities will include project marketing, leasing, and operations.
The proposed master plan features five Grade-A+ buildings, with unit configurations ranging from approximately 30,000 sq. ft. to 700,000 sq. ft. to accommodate build-to-suit (BTS) requirements. The development will include wide internal roads, streamlined traffic circulation, dedicated parking facilities with electric vehicle (EV) charging stations, drivers’ restrooms, and centralised power and water infrastructure.
Other planned amenities include landscaped gardens, visitor and gate management systems, and a modern park management office. The facility will cater to third-party logistics (3PL), e-commerce, and quick-commerce companies, offering flexible warehouse configurations to meet their operational requirements.
Commenting on the mandate, Mr. 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.”
Speaking about the partnership, Mr. 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.”
Bhiwandi’s strategic location provides several connectivity advantages, including direct highway frontage and heavy-vehicle access to the Samruddhi Mahamarg and the Pune, Nashik, and Agra corridors. These connections are expected to facilitate freight movement across regional and national markets.
Moreover, the location offers access to major maritime and air-cargo infrastructure. Jawaharlal Nehru Port Authority (JNPA) is approximately 85 km away, while Chhatrapati Shivaji Maharaj International Airport and Navi Mumbai International Airport provide connectivity to the region’s air-cargo network.
The development comes amid increasing demand for premium warehousing infrastructure across the MMR. According to industry reports, the region recorded demand for 6.6 million sq. ft. of Grade A/A+ warehousing space against a supply of 3.5 million sq. ft. during H1 CY26.
Construction at Sahakar Logistics Park is progressing, with pre-engineered building (PEB) erection underway for the first building and the second building reaching the plinth stage.
In line with its sustainability objectives, BuildSpace is targeting an Indian Green Building Council (IGBC) Platinum rating for the project. The planned sustainability features include solar-ready roofing, water reuse systems, and on-site sewage treatment facilities.
The project is expected to begin accommodating occupiers in December 2026, with commercial operations scheduled to commence in March 2027. With this development, BuildSpace aims to strengthen its presence in the MMR’s industrial and logistics infrastructure market while addressing the growing demand for Grade-A+ warehousing facilities.
