- Business
- Transindia Real Estate Limited engages in the development, investment, maintenance, and leasing of industrial and logistics real estate assets in India. Incorporated on December 3, 2021 and headquartered at B Wing, Allcargo House, 6th Floor, CST Road, Kalina, Santacruz East, Mumbai, Maharashtra, the company operates primarily in the logistics parks, warehousing, and commercial properties sectors; it provides Grade-A warehouses, multimodal logistics parks, container freight stations (CFS), inland container depots (ICD), and equipment hiring solutions including crane rentals from German and American manufacturers, engineering services, and technical expertise for construction projects. Transindia Real Estate has developed and leased over 5 million square feet of warehousing space, acquired more than 300 acres of land for an additional 6 million square feet of logistics parks and warehouses, and maintains a nationwide footprint targeting logistics, e-commerce, and supply chain businesses.
In recent developments, the company completed the acquisition of 100% stake in Transindia Freight Services Private Limited for Rs 6.78 crore in August 2024 and made AGL Warehousing Private Limited a wholly-owned subsidiary by acquiring the remaining 6.62% stake in July 2024; its board approved a merger with wholly-owned subsidiary Madanahatti Logistics and Industrial Parks Private Limited in August 2025 to streamline operations. Earlier in 2024, Transindia Real Estate sold its Jhajjar logistics park in Haryana for Rs 636.71 crore enterprise value and divested 10% stakes in entities including Malur Logistics & Industrial Parks, Venkatapura Logistics & Industrial Parks, Kalina Warehousing, Panvel Warehousing, and Allcargo Logistics & Industrial Park for approximately Rs 4.55 crore, generating over Rs 433 crore in cash proceeds to fund growth while maintaining zero debt.