Ample Parks, a joint venture between Actis and Mahindra Lifespaces, today announced the launch of its maiden Industrial and Logistics Park in Mahindra World City (MWC), Chennai. With an estimated capital outlay of Rs800 crore, this landmark project is the largest Grade-A industrial space currently available within the Domestic Tariff Area (DTA) of MWC. Spanning approximately 71 acres, Ample Parks offers around 2.1 million square feet of area available for leasing and is uniquely positioned to meet the rising demand for premium industrial and logistics infrastructure.
This facility is strategically located near Oragadam Industrial Corridor – Maraimalai Nagar (OMM) micro-market, and caters predominantly to Engineering, Auto & Ancillaries, Electronics & White Goods, and other allied industries. It offers flexible built-to-suit options alongside ready-to-move-in spaces for R&D and commercial use. The project aims to generate annual revenue of Rs. 110 crore post completion and approximately Rs. 1400 crore over next 10 years.
Beyond scale and flexibility, Ample Parks sets itself apart with a strong commitment to sustainability, meeting 50% of its power requirement from renewable sources. The development features 441,000 square feet of green space and over 8,000 trees, fostering a sustainable industrial ecosystem.
Akash Rastogi, Chief Executive Officer & Director at Ample Parks said, "Ample Parks MWC is poised to be a comprehensive and future-ready industrial ecosystem, offering integrated commercial, industrial and logistics facilities. We aim to empower industrial occupiers to achieve significant operational efficiencies and drive their growth in this most promising growth corridor. In addition to driving business expansion, the project will generate employment opportunities for nearly 11,000 personnel. At Ample Parks, our goal is to become a leading provider of industrial and logistics real estate solutions for both global and local corporations. We aim to acquire and develop 10x the current land portfolio in 5-7 years across India through multiple projects.”
Ample Parks plans to broaden its footprint beyond Chennai by targeting key tier 1 cities across India, including Mumbai, Delhi NCR, Ahmedabad, Pune, and Kolkata. These markets are experiencing growing demand for industrial and logistics real estate driven by increasing consumption and manufacturing activity. Additionally, Ample Parks sees strong growth potential in tier 2 cities like Lucknow, Jaipur, Guwahati, and Nagpur, which are regional economic hubs, and present valuable opportunities for expansion.
The launch event was attended by a distinguished gathering of industrial occupiers, consultants, brokers and financial institutions underscoring the surging interest and optimism surrounding Chennai’s thriving industrial and warehousing real estate landscape.
