Welspun One Logistics buys 40-acres near Bengaluru to build 1-mn sq-ft warehousing park

Welspun One Logistics Parks (WOLP), an asset management and development platform, has acquired 40-acres land on the Malur-Hosur Road near Bangalore, to set up a large-scale warehousing facility. With a development potential of around 1 million sq ft and a total project cost of INR 300 crore, the facility around 25-km away from Outer Ring Road will service the Bengaluru Metropolitan region's (BMR's) industrial and warehousing demand for space.