Chennai, March 30 -- Prologis today announched that it has commenced construction of Prologis Park Redhills CPRR, a Grade A industrial and logistics park with total development potential of 1.1 mn sqft in North Chennai.
The project is being developed on 51 acres acquired along the Chennai Peripheral Ring Road (CPRR) corridor.
Redhills marks Prologis' third location in Tamil Nadu, alongside projects in Hosur and Sriperumbudur.
Together, these developments represent a Rs 3,300 crore investment and span approximately 6.5 mn sqft across some of the state's key industrial and manufacturing corridors.
The first phase of Prologis Park Redhills CPRR comprises two buildings totalling about 412,000 sqft. The construction is expected to be complet...