NDR InvIT leases 2.35 lakh sq. ft. to Zomato, SS Supply Chain in Goa
NDR InvIT Trust, India's first warehousing InvIT, has leased space to Zomato and SS Supply Chain Solutions. The deals cover 2.35 lakh sq. ft. in Goa. Zomato takes 1.06 lakh sq. ft. SS Supply Chain Solutions leases 1.24 lakh sq. ft. This expands ND...
While the e-commerce firm took 1.06 lakh sq. ft., SS Supply Chain Solutions, which manages logistics for fast-moving consumer durables products, Crompton, leased 1.24 lakh sq. ft. in a Grade-A logistics facility at NDR Varama Sir on Verna Airport Road, Goa.
“The Goa portfolio is a strategic enabler for industries ranging from light manufacturing, quick commerce, third-party logistics to consumer durables, and this latest addition gives our clients room to grow in a high-potential market,” said Jagdish Bhanushali, Project Director.
NDR did not confirm the names of the tenants.
The development marks a strategic milestone for NDR InvIT as it continues to expand its logistics footprint and strengthen infrastructure across key industrial corridors. It now manages a total constructed area of approximately 11 lakh sq. ft. across its two flagship developments, NDR Goaspace Pvt. Ltd. in the Verna Industrial Area and NDR Varama Sir on Verna Airport Road.
NDR InvIT Trust is the first perpetual warehousing and industrial parks InvIT in India. The trust has an AUM of 19.22 million sq. ft. The asset portfolio is diversified across 60+ warehouses and 37 industrial parks, located in 15 cities in India.
At the end of March 2025, the warehouses were leased out to 100+ tenants. The tenants are spread across diversified industries including third-party logistics service providers, e-commerce, information technology, engineering, automobiles and auto ancillaries, white goods manufacturers, retail, and fast-moving consumer goods.
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