Welspun One Logistics Parks Commits ₹2,150 Crore Investment for 6 Million sq ft Development Across South India

Welspun One Logistics Parks (WOLP), an asset developer and fund manager specialising in warehousing and industrial real estate, has announced a ₹2,150 crore investment commitment across its expanded 260-acre land bank in Karnataka and Tamil Nadu. The company acquired two strategic land parcels totalling 107 acres in Karnataka on August 20, 2025, significantly enhancing its South India development portfolio.

Strategic Karnataka Acquisitions: 107 Acres Across High-Growth Corridors

The company acquired 51 acres in Hoskote and 56 acres in Devanahalli, expanding the regional land bank to over 260 acres across Karnataka and Tamil Nadu with 6 million square feet of development potential. The Hoskote acquisition will house a grade-A Proxima category warehousing facility serving 3PLs, FMCG, and retail players with 1 million square feet development potential, targeting the cluster's projected 1.6 million square feet shortfall by FY26-27.

Premium Devanahalli Development Targets 2.4 Million sq ft Demand Gap

The 56-acre Devanahalli parcel will feature Proxima Plus category premium warehousing development with 1.25 million square feet of potential. The Yelahanka-Devanahalli cluster faces a projected grade-A warehousing demand-supply gap of 2.4 million square feet by FY29, positioning Welspun One strategically in high-demand logistics corridors before they become mainstream markets.

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Group Chairman Emphasises Infrastructure Vision

As per news reports, Balkrishan Goenka, chairperson of Welspun Group, said, “Welspun One’s momentum in the South underscores our Group’s larger vision, to build long-term, future-facing businesses that power India’s infrastructure story. The Bengaluru market in particular holds immense promise, and these investments demonstrate our conviction and capability. As a Group, we’re proud to back businesses that drive innovation, create employment, and add real economic value to the regions we serve.”

Early Entry Strategy in High-Potential Logistics Corridors

Welspun One's strategy focuses on early entry into high-potential logistics corridors before mainstream adoption. The current portfolio spans 19 million square feet of net usable area across built, delivered, and under-construction phases. With over $1 billion current AUM and an ambitious $2.5 billion target by 2028, South India positioning becomes crucial for achieving 20-25 million square feet portfolio goals.

Conclusion

Welspun One Logistics Parks' ₹2,150 crore investment across a 260-acre Karnataka and Tamil Nadu portfolio demonstrates strategic expansion in high-growth South India logistics corridors. 

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