Eco Box Industrial Parks acquires 50 areas of land in Chennai
Eco Box Industrial Park a newly formed of Logicap Advisors, backed by Alta Capital, has acquired 50 acres of land for greenfield logistic asset development in Chennais Mannur locality on the first land deal this year. The Company is planning to undertake industrial and logistics development spread over 1.2 million sq ft with an investment of over rs 400 crore. The project located three kms state highway 50 will cater to the increasing demand for modren industrial and logistics facilities. Eco Box Industrial Parks has also assumed management of the recent acquistions by Logicap of 3.36 million sq ft of industrial Parks has also assumed management of the recent acquisitions assets from IndoSpace in Ranjangaon near Pune and Sri City near Chennai. With the addition of the Mannur site, EcoBox’s portfolio now totals 4.8 million sq ft of managed space since its formation in 2024. Founded by Siddhartha Gupta in 2021, former MD of Blackstone India, Alta Capital is the sole operating partner of Rava Partners in India. Rava Partners is the real estate division of Singapore’s Hillhouse Investments. Logicap Advisors, the logistics arm of Alta Capital, is among the fastest growing logistics infrastructure companies with a total portfolio of 13 million sq ft, fifth largest in India. EcoBox Industrial Parks, a newly formed operating platform of Logicap Advisors, backed by Alta Capital, has acquired 50 acres of land for greenfield logistic asset development in Chennai’s Mannur locality in the first land deal this year. Logicap Advisors, the logistics arm of Alta Capital, is among the fastest growing logistics infrastructure companies with a total portfolio of 13 million sq ft, fifth largest in India. Strategically located in Tamil Nadu’s growing industrial ecosystem, the Mannur site acquired by EcoBox Industrial Parks has connectivity to key industrial corridors and Chennai’s manufacturing base. The project will be designed to support industries such as e-commerce, third-party logistics, and light manufacturing, strengthening the region’s supply chain infrastructure.
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