cii logistics parks indian way
TRANSCRIPT
International Logistics Parks The Indian Way
Contents
Sr. No Topics
I Concept & Need of an International Logistics Park
II Concept of Regional Hub & Demand & Supply
III Mumbai Region - Bhiwandi Emerging Warehouse Hub
IV Operational Challenges – Bhiwandi Warehousing Hub
V Renaissance Logistic Park – A Snapshot
VI Key Learnings & Best Practices
VII Client Expectation & Needs Satisfaction
VIII Business Proposition & Way Forward
I. Concept and Need of International Logistics Park
Global Logistics Industry (LI) Scenario
Page 4
Global Logistics Industry (LI) = US$ 3500 billionIndia’s Logistics Industry (LI) = US$ 66 billionIndia’s LI % to Global Industry = 1.90 %
International Logistics Performance Index (LPI)LPI depends upon the following areas:1. Infrastructure : Quality of trade & transport related
infrastructure2. Logistics competence : Competence and quality of logistics
services3. Timeliness : Timeliness in shipments in reaching
destination within the scheduled or expected delivery time4. Tracking & Tracing : Ability to track & trace consignments5. International shipments : Ease of arranging competitively
priced shipments6. Customs : Efficiency of clearance process
Rank Country
1 Germany
2 Singapore
7 Japan
8 U.K.
15 U.S.A.
27 China
47 IndiaSource: World Bank LPI Survey 2010
International Spends on Logistics Management
Country Logistics Spending(% of GDP)
3rd Party Logistics(% of total movement)
US 9.50 % 57 %
Japan 10.50 % 80 %
UK 11.00 % 68 %
China 18.60 % < 10 %*
India 13.00 % < 10 %
Lower the % of logistics spent to GDP, better is the logistics management Higher % of 3PL shows a higher share of organized players Developing countries spend excess on logistics management* China exception to rule due to geographical conditions
Global Logistics Industry (LI) Scenario
Present Logistic Market of India FY 2009-10
Particulars Present F.Y.2009-10% Share (US $ in Bn) (Rs. In 000' Cr)
India's Total Logistic Market 100% 125.00 625.00 Organized 6% 7.5 37.5 Unorganized 94% 117.5 587.50
Particulars Future F.Y.2012-13% Share (US $ in Bn) (Rs. In 000' Cr)
India's Total Logistic Market 100% 135.00 560.00 Organized 14% 18.90 94.50 Unorganized 86% 116.10 580.50
Expected Logistic Market of India for the F.Y. 2012-13
India’s LI Scenario
Overall India’s Logistic Market
Growth rate is 18% - 20% p.a. in the
year
India’s Expected
Investment in LI by 2015 is
USD $350 billion.
India’s Logistic Market : Expected growth of
CAGR of 8% p.a. over the
next 3-5 years.
Page 7
Organised LI in India
6%
94%
India's Total Logistic Market
Organized Unorganized
Need of the hour : International Quality of Logistics ParksWithout this vital infrastructure, the cost of Logistics Industry will also
stay higher & the efficiency will be low.
Share of organised LI in India : 6%
India US Europe0
10
20
30
40
50
60
4
34
54
II. Concept of Regional Hub & Regional Demand & Supply
Potential Regional Hubs in IndiaJLL Warehousing Hubs Mckinsey High Growth (Production-
Consumption) Clusters
1 NCR NCR
Mumbai Mumbai – Pune - Nashik
3 Bangalore Bangalore - Mysore
4 Kolkata Kolkata
5 Chennai Chennai
6 Hyderabad Hyderabad
7 Pune Mumbai – Pune - Nashik
8 Ahmedabad Surat - Ahemdabad
9 Surat Surat - Ahmedabad
10 Goa
11 Chandigarh
12 Kochi Kochi – Trivendrum
13 Vishakhapatanam Vizag - Kakinada
14 Nagpur
15 Coimbatore Coimbatore – Salem
Logistic Parks – Demand Factors• Major Demand for Logistics comes from:
– Industrial Activity • Automobile Industry• Electronics & Electrical Industry• Textiles Industry• Machine & Engineering• Chemical & Pharmaceuticals• Food Processing Industry• Manufacturing SEZs
– Agricultural – Retail Sector– EXIM Cargo
Demand Parameters in Top 8 Locations
S.N. Location Demand Factors
1. NCR Delhi Industry (Auto, Textile, Electronics, Machine &Engineering, SEZs), retail, & agriculture
2. Mumbai Industry (Electronics, pharma, textiles, auto -components), retail, agriculture, EXIM cargo
3. Chennai Industry (Auto, electronics, textiles, SEZ), retail, EXIM cargo
4. Kolkata Agriculture, EXIM, retail
5. Bangalore Industry (Electronics, textile, auto), retail, agriculture
6. Hyderabad Retail, industry (Pharma)
7. Pune Industry (electronics, auto, textile/garment), retail
8. Vishakhapatanam EXIM cargo, industry (Chemicals & pharma, SEZ), agriculture
Supply Scenario of Logistics Space
S.N. Place/ CityNumber of CWC Warehouses Number of ICD/ CFS
1 NCR Delhi 25 122 Mumbai 18 303 Chennai 4 204 Kolkata 11 75 Bangalore 7 36 Hyderabad 1 27 Pune 2 2
8 Vishakhapatanam 4 4
NCR Delhi
Mumbai
Chennai
Kolkata
Banga
lore
Hydera
badPune
Vishakh
apata
nam0
200000
400000
600000
800000
1000000
1200000
554016
1015123
94545 182098104136
20285 29378114730
Total CWC Capacity in 8 Locations (MT)
Establishment of ICDs/CFSs offer advance logistic facilities and play important role in organized logistic activity
CWC is the biggest player in Logistics sector with operations from Agri-warehouses to ICDs
III. Mumbai Region – Bhiwandi Emerging Warehouse Hub
Key Logistics Hubs in MMR
Established/Emerging Logistic Hubs in Mumbai
Average Rentals Rs/ Sq Ft/ Month
Land Cost Rs in Crores/ Acre
Bhiwandi 13 1.00 Panvel 17 2.00Taloja 20 Trans Thane Creek Rasayani 16 Patalganga 15
Main Users / Sectors of the Proposed Product
SN Sectors % Share
1 Textile Sector 6%
2 Automobile Sector 32%
3 FMCG Sector 18%
4 Pharma Sector 14%
5 Cement Sector 4%
6 IT Sector 16%
7 Other 10%
Total 100%
Focus: Bhiwandi City
Current Market Trend Of Rental Rate Of Warehousing Complex In Bhiwandi
Warehousing Complex Rent Per Sq.Ft.
‘A’ Grade Warehouses Rs.15 – Rs.18
‘B’ Grade Warehouses Rs. 11 – Rs.14
‘C’ Grade Warehouses Rs. 8 – Rs.10
Buyer’s Segment / Key Players In Various Industries
Courier Industry•Bludart•First flight•AFL•DTDC•Overnight•Professional Courier
Warehousing Industry•CWC•DHL logistics•AFL•Om Logistics•Safex•Delhi Assam
Roadways•Patel Roadways•DHL•Schenker BAX•Semb Corp•Panalpina •Agil Freight Logistics
Air Express•Bluedart•Gati
Road Express•Gati•Safexpress•TNT•TCI
Source : CII Report, World Bank Survey, Report by Cushman and Wakefield, REC, ASSOCHAM Survey
Buyers’ Segments/ Players in various
Industries
Focus: Bhiwandi Warehousing Hub
Future Demand
13%
2%
22%
13%
50%
Future Demand for Warehouses for Year 2010-2015
Switchover of Corporate from il-legal Warehouses in Bhiwandi Agro & Industrial Need for Warehouses Retailing Sector Need for Warehouses Export & Import (Cargo Handling) Need for Warehouses Total Warehouses Space Demanded in Bhiwandi Sec-tor
Switchover of Corporatefrom existing Illegal Warehouses
SN Particulars Area in Mln Sq.Ft.
1 Switchover of Corporate from illegal Warehouses in Bhiwandi 15.00
2 Agro & Industrial Need for Warehouses 2.40
3 Retailing Sector Need for Warehouses 25.00
4 Export & Import (Cargo Handling) Need for Warehouses 15.08
Total Warehouses Space Demanded in Bhiwandi Sector 57.48
SN Industrial Sectors
Area in Lac
Sq.ft.
I Agriculture 8.67
II Metal 2.40
III Chemical 1.00
IV Petrochemical 7.58
V Pharmaceutical 0.09
VI Cement 3.92
Total ( I to VI ) 24.00
Converted into Million Sq.Ft. 2.40
Future DemandAgro & Industrial need for Warehouses 2010 - 15
Particulars No. ofUnits
Warehouse SpaceRequired (Mln
sq.ft.)
Need in Mumbai & MMR Region(Mln Sq.Ft.)
Retail : WH = 1 : 0.50 20%
Shopping Malls 225 45.00 9.00Hyper Market 280 14.00 2.80Dept. Stores 400 10.00 2.00Super Market 3,200 40.00 8.00Mega Specialty Stores 1,200 6.00 1.20Exclusive Brand Outlets 20,000 10.00 2.00Total 125.00 25.00
Allowance of FDI in Retail sector (Single brand & Multi-brand), number of Malls, Hypermarkets, Supermarkets will increase in the coming years.Leading Corporates like Pantaloons (Big Bazaar), TATA (Westside), Reliance (Hypercity), Bharti Retails, Raheja’s (Shopper’s Stop), Reliance Retails, DLF Shopping Malls, Bata, Archies, Crossword and other global players are in the foray.Retail market is growing at 20%- 25% p.a.
Future DemandRetail Sector need for Warehouses 2010 - 15
Addl. Coastal Cargo Handling Space required 150 Lac Sq. Ft.Addl. Air Cargo Handling Space required 0.76 Lac Sq. Ft.
Total Area 15.08 Mln Sq. Ft.
Future DemandExport & Import (Cargo handling) need for Warehouses 2010 - 15
•India has the vas t coastline of 7,517 Kms
• 95% of India’s foreign trade by volume involves sea transportation
•45 other non – major/ private ports are being modernized urgently to make Indian goods competit ive in the international market.
•Reduction in tax (Import duty, Ad-volerum Duty, Port Charges) will give a tremendous boost to cargo handling traffic
•Rising Globali zation and Increased International Trade between the countries, WTO, and the new SAFTA agreement signed between the SARRAC countries will boost the import and export of the country in the future years .
•Along the 720 km coastal line of the Maharashtra State, two major ports, namely Mumbai Port Trust (MbPT) and Jawaharlal Nehru Port Trust ( JNPT) at Nhawa-Sheva are in operation
•Total Space Req. = 1 Tonne : 6 Sq.Ft.
IV. Operational Challenges : Bhiwandi Warehousing Hub
Major Issues faced by Operator in Bhiwandi Warehousing Hub
S.N1 Absences of Legal and
Marketable title for warehouse
Non-compliance of Development control rules & legal approvals
Absence of planned complex
Absence of Infra & Utilities of world class levels
2 No common facilities & amenities in warehousing complex
Substandard warehouse building with broken floor. Cracked walls, heating, dusty environment etc
Non-compliance Building for modern facilities like Racking system, forklifts, dock leveler etc
Local issues of various monopoly of varia, local transport, labour supply, security etc
3 Non-compliance of fire & safety norms hence loss of insurance cover
No human Interface in terms of toilets, restrooms, food courts hygiene
Water logging flooding & termites Insects pests creating lot of goods lost
No specialised facilities for temperature control , cold storage, chemical storage high cost good storage in strong room etc.
V. Renaissance Logistics Park
Bhiwandi
A Snapshot
Master Plan - Renaissance
Project SummarySr. No Particulars DescriptionA Project promoted by Special
Purpose Vehicle Renaissance Infrastructure
B Type of Project
376 acres of Integrated Warehousing and Industrial Complex- Standard Warehousing complex of 120 acres- Green Industrial Complex of 80 acres- BTS Warehouse complex of 62.5 acres- BTSIndustrial Complex of 95 acres + 9 acres Commercial spare of 9 acres
C Green Industrial Units138 Units - Each 6,250 sq ft Small plot with building24 Units - Each 18,750 sq ft large plot with building1360 Units - Each 2065 sq ft Industrial gala
D Warehousing Capacity27 buildings2 million sq. ft. area 3 lac million metric tonnes storage capacity
Unique Selling Propositions
Assurance
1 ‘First 100% Legal’ Warehousing complex in Bhiwandi
2 The project is promoted by the Special Purpose Vehicle(SPV) and is being developed under the approvals granted by Central and State Government to SPV
3 All land rights are in the name of SPV, further transferred to buyer ensuring 100% title legality
4 The complex is master planned, designed and executed by PMC approved by Government of India
What makes Renaissance Warehousing Business-class?
Contd…Business Class Facilities
1 The superior warehousing facilities speed up the throughput time and efficiency of the business operations from checking into terminals, docking unloading, loading, palletizing and checking out.
2 46 ft. exclusive road for every building with 68 ft. main road and 121 ft. (8-lane-one way) circular loop road around the entire complex
3
The complex comes with world-class exclusive common facilities:• Inbound and outbound truck terminal• HRD training centre• Food courts, commercial complex, trade centre• Warehouse support services outlets• Logistics equipment and service centres• Goods storage, trading and display support services
4 The complex will have all MIDC equivalent facilities of roads, water distribution, power supply, drainage, security system and fire fighting system
5 The fire fighting station located within the complex
6 The complex will be professionally managed by a dedicated Operations and Management team headed by the CEO
Contd…Business Class Design1 All 27 buildings of the warehousing complex are branded world-class PEB structures
2The new warehouse structure has exclusive features of building insulation, air-conditioned, racking compliance and exclusive road for each warehouse building with controlled access
3Screwless, standing seam roofing (SS 2000): Puncture- free roof system, roofing system is designed to handle expansion and contraction of the sheets during high temperature variations and avoiding corrosion
4FM II (TR34) compliant flat floor for safety, precision, wide and narrow aisle racking arrangement. Strong reinforced, abrasion crack and dust resistant floor designed for racking and forklift loading
5Poliginus reflective insulation: Heat insulated (reduction of 7°C when outside temperature is 45°C plus), fire retardant, improves work efficiency and offers safer storage of goods.
6Pallet compliant flooring: The warehouse layout (length, breadth and height) is compliant to positioning of heavy duty racking system and designed to maximise the number of pallet positions
7 Continuous canopy of 6 m over-hung with Soffit
LocationLocation of Future
Ring Road – MMR Plan
Location Plan
12
Proposed Ring Road - MMR Plan
Location Map
100% Marketable Title & Freehold Property
Step 1 to 6 to make property 100% marketable to freehold
SPV transfer the title to the buyer or purchaser
12
Project Land & Approvals
World Class Infra
Road Section
Traffic Management: Facilitating BusinessFacilitating a smooth flow: Our world-class traffic management systems are strategically planned to ensure that your goods move business-class. The terminals, wide central roads, directional guides, signages, inter-connected roads leading to warehouse and other units are planned for smooth flow and hassle-free movement.
S.NA Truck Terminal C Entrance Management
The truck terminal has been designed considering the length of the containers (60 ft., 40 ft. and 30 ft.), with a parking capacity of 100 trucks.
For every truck which enters, the security checks for vacant space in the respective warehouse. Trucks will be permitted to enter the premises only if there is room else will be instructedto be parked in the truck terminal until availability of space in that warehouse.
B Facilities in Truck Terminal D Security Post
a. Canteen / Messb. Driver Dormitoryc. Shops
Each entrance has a security cabin responsible for screening allthe vehicles entering, coordinating on the availability of spacewith the warehouse in-charge and directing them towards thetruck terminal or the respective warehouse.
Contd…S.NE Vehicular Movement G Traffic Flow Management
One-way movement of all trucksTwo loop roads to facilitate movement of the vehicle internally (in case of wrong turns)
•Internal signage assisting smooth vehicular movement•One-way traffic for incoming vehicles•Efficient traffic management staff controlling the traffic flow
F Road System• 121 ft. central complex road (8-lane, two-way)• 68 ft. main road (4-lane, one-way)• 46 ft. warehouse internal road (one-way)• Industrial tonnage cement concrete road• Road illuminated with sodium vapour lamp• Loop road for quick movement in case of a wrong turn• 41.75% of land area is road
Built-to-Suit: Provisions & PossibilitiesAt the Renaissance warehouse, our structures have been designed in a manner that allows us to incorporate certain additions as per your unique business needs. For example, if your wares need temperature control, you require a ceiling higher by a couple of meters. At the Renaissance warehouse, there are various such possibilities along with the trust of getting the additions done through the same expert team that has designed this world-class structure. Below is a comprehensive list of built-to-suit provisions and possibilities over and above the standard elements.
S.N Elements Customization possibilities1 Height Standard ceiling height: 8 m
Built-to-suit provision: Height can be extended up to 10 m2 Racking Built-to-suit possibility: Racking can be created with various financial
options3 Flooring Standard Flooring: M25 grade, 150 mm thick, steel fibre reinforced
concrete (SFRC), Dry Shake Hardener with Liquid Surface Hardener (LSH)
Built-to-suit possibility: Depending on the business need, flooring with greater weight-bearability can be created
Contd…S.N Elements Customization possibilities4 Mezzanine Built-to-suit possibility: Mezzanine floor can be created as per the
occupier’s need5 Air Conditioning Built-to-suit possibility: In case the wares require temperature
controlled environment, the same can be created on demand6 Cold Room Built-to-suit possibility: Walk-in cold room can be created7 Office Space In case the occupiers need to use a portion or the unit for office
purpose, the same can also be designed and created in a fully-functional format depending upon the needs
8 Light Standard offering: The structure comes with 265 lights Built-to-suit provision: More lights can be added as per the need Our warehouse is compliant with various business types, including: • Pharmaceutical Industry • 3 PL & 4 PL Logistic • Studio • Low cost IT • Agricultural Warehouse
Contd…S.N Elements Built-to-suit options Value Generation1 Interiors - Office &
Toilet DesignProvision of office at entrance of the warehouse.
Customization
2 Changing & Locker Room
Toilets at entry side of the warehouse for executives and at exit side for labor and drivers
Customization
3 Mezzanine Floors Provision of changing & locker rooms for workersProvision of mezzanine floors of required size for office purpose, as per requirement
Customization
4 Heavy-duty Racking System
Provision of racking system - pallet location - 11457 nos.
Customization
5 Dock Levelers Provision of dock leveler for easy loading and unloading, as per requirement
Customization
6 Air-conditioning Provision of air-conditioning of required tonnage
Customization
VI. Learnings & Best Practices
S.N Critical issues Problems Learning / Best practice
1 Fragmented ownership of land
Consolidation of land Local facilitator / Aggregator having in depth understanding and relation in village
2 Defective title No marketable title Comprehensive title search since 1957 (day), court search, forest search etc
3 Title holder not having possession
No possession of land Strong local team with surveyor having understanding of land possession
4 Land approvals Non transferability of land
Local connect from collector office to talathi inhouse team of experienced people to follow through & get complete approval
5 Local Mafia Stopage of work Local Influential people part of land acquisition parcel to manage
Locating & Land Acquisitionof Logistics Park
Approvalsof Logistics Park
Correct Land Use Violation of zone - Industrial Zone- Location clearance
Development Control Rule Compliance FSI Violation (Illegal property) Additional FSI/Higher FSI
Environment & State Pollution Control Board Pollution & complete disregard for environment Environmental clearanceMPCB content to establish product
Water, Power,Communication Boring water, load shedding & power cuts Water supply from irrigation
Express feeder (non load shedding line)
Local ApprovalsNA/ Deemed NA
Grampanchayat NOCT.P. Plan Approval (as applicable)
Design & Engineeringof Logistics ParkContour, soil quality, slop of land
•Graded land must to super flat floor •High quality of sub bare must•Vastu compliant stop of land
Master planning of Logistics Park •Always master plan the logistic park on International paramenters in terms of Roads planning, utilities planning, environment plan, vastu compliance in terms of entrance, Building facing etc
Infra & Utilities Design •Highway class road lanes, storm water drainages, transportation plan & traffic networking, WTP & Water supply network, STP & Sewages Netwok etc
Build Plan & Design
Common facilities & Amenities •Food courts Dhaka,Truck Terminals, Dormitories
Open space & Landscaping •Centrally located open space & landscaped area
Engineering & Contracting •Best & experienced contractors to execute projects, flooring contractor, PEB Structures
Page 45
Developmentof Logistics Park
S.N Ideal steps to follow the development of Logistics park1 Earth work to achieve desired level - 2 to 3 meter above high flood line (HFL)
- Nothing coordinates to create a grid for Vastu Compliance- All Building at zero degree
2 Road & storm water network through the complex
- Highway class lanes
3 Utilities corridors & Ducts - 3 to 4 meters utilities corridors
4 Locating WTP, STP, UG tanks, Fire station - Continuous source of water (Ideal from irrigation department)- STP to recycle water for irrigation & Flushing - Fire fighting system, fire station & CFO compliance certificate
5 - Centrally located open spaces & landscaped areas- At least 10% as open space - 5% common facilities & amenities- Common facilities & amenities location
6 Standard building & Built to Suit plots - International standard for warehouse building- Plotting out area for building in project
7 Optimise FSI Utilisation - Specialised contractors to execute specialized job
8 - Always reside people around complex travelling is most energy draining activity
- Residential Complex for work to work with all township amenities
Local Issue ManagementCritical issues Problems Learning / Best practice
Varai Monopoly of Loading and unloading by locals
1. Create local representative bodies2. Laid out policies for non interface by locals3. Take land on joint development & made
properties for letting out for villages4. Created fix compensation for village
development
Labour supply Monopoly of Labour supply 1. Labour contractor with license & compliance on market driver pricing
2. Objective to provide services to occupier3. No monopoly in labour supply
Local transport Monopoly of local transport 1. Transportation in local 2. Tempo station on market driven pricing 3. No monopoly
Security Monopoly of security 1. Creates 3 to 4 security licensed agency within village to provide services on market driven pricing & with quality of services
2. No monopoly
Local employment Fixed percentage of employment compulsory
1. HRD centre to train people on logistics skill2. Create semi skill & skill employment for use of
equipments & assembling
Operation & MaintenanceIssues Problems Learning & Best PracticesQuality of Infra Bad quality Design & Build to last for decades
Quality of Utilities Non - reliability
Create & build most reliable utilities i.e. water supply, electric system, sewage system, wages system, drainage system, fire fighting
Common facilities & amenities
Human interface ignored - Lack of Restrooms, Food areas, Dormitories, Provision stores
Very human centric master plan & complex use plan, creating sweet-spots around the complex & keeping it clean & usable
Warehouse Structure & Maintenance
Broken flooring, leakages, fire, water-logging, insects heat
World class flooring complying FM standards
Standing sun roof
Insulation
Fire-fighting system
Operation Management & Facilities Absence of professionalism
Professional & skilled facilities management companyRun Logistics Park as a service operation like hotel, hospital
VII. Client Expectation & Needs satisfaction
Critical issues for client
Page 49
S.N Critical issue for client in operation of warehouse
Learning (Best practice)
1 Flooring of warehouse - FM: Compliant, International certified flooring
2 Leak proof roofing - Standing seem (Screwless roofs)
3 Docking Bays with Dock levelers - 1.2 meters Docking bay with dock levelers
4 Security gates & gated complexes - Two level gated complex with security system
5 Truck terminal - 5 to 7% of area dedicated for truck terminal
6 Fire fighting system & Insurance compliance
- CFO Compliance & Certification
7 Local issue - Local committees & fixed payments
8 Availability of skill & semi-skilled labour - HRD centers local population to be trained to be employable
9 24 x 7 operation - Commutation facilities for 24 x 7 & residential facilities within complex
10 Heating & humidity in summer - Insulation, Righ vents, Turbo Ventilation
11 Flooding & Water logging - 3 to 4 meters above HFL, effective storm water drainage
Page 50
S.N Critical issue for client in operation of warehouse
Learning (Best practice)
12 24 x 7 Power - Express fidder, back up generator 13 Solid waste & unclear - Solid waste management & regular cleaning through facilities
management14 Fast turnaround time - Excellent road, clear traffic movement, equipment loading &
unloading, Highspeed connectivity15 Human Interface in term of clean toliets
etc- Public toilets, foot path, bus shelters, sitouts
16 Hygiene Food - Food courts lunch home, restaurants17 Recreation to loose Fat - Club facilities, Recreation grounds, gardens18 Traffic swift mobility - Signages, location standies, instruction boards19 Area for commerce - Marketing centre, Exhibition Area, hotels Factory outlets.20 Maintainance of warehouse building
equipment- Professional team for facilities management
Critical issues for client
VIII. Business proposition & way forward
Business proposition & Way Forward
Standard Building Built-to-Suit
Lease Lease
Ready for Possession 4.5 lac sq ft Ready to Build 15 lac sq ft
Area under construction
10.00 lac sq ft BTS under Negotiation 10 lac sq ft
Sale Sale
Area under construction for sale
3.0 lac sq ft Ready to be sold under BTS
10 lac sq ft
Properties at Renaissance Logistic Park Bhiwandi
Bhiwandi , MMR
DemandSupply
Demand
Supply
Total Warehouses Space Demanded 57.48
Total Industrial Space Demanded 53.71
Total Industrial Township Demanded
48,130
Total Warehouses Supply by RI 6.83
Total Industrial Park supply by RI 5.65
Total Industrial Township supply by RI
22,500
Mn Sq. Ft.
Mn Sq. Ft.
Mn Sq. Ft.
Mn Sq. Ft.
No. of Accommodation required
% of RI’s Supply to
total Demand
No. of Accommodation available
12%
11%
47%
Demand Supply Analysis
Thank You