Ample Parks launches industrial and logistics park in Chennai

Ample Parks, a joint venture between Actis and Mahindra Lifespaces, announced the launch of its maiden industrial and logistics park at Mahindra World City (MWC) in Chennai.

With an estimated capital outlay of ₹800 crore, this project is the largest Grade-A industrial space currently available within the Domestic Tariff Area (DTA) of MWC. Spanning approximately 71 acres, Ample Parks offers around 2.1 million square feet of area for leasing. Located near Oragadam Industrial Corridor-Maraimalai Nagar (OMM) micro-market, this space will cater predominantly to engineering, auto and ancillaries, and electronics and white goods, and other allied industries.

“The project aims to generate annual revenue of ₹110 crore post completion and approximately ₹1,400 crore over the next 10 years. It will provide employment opportunities for nearly 11,000 personnel,” Akash Rastogi, chief executive officer and director at Ample Parks said. “We have broken ground already. Half a million (square feet) of space is available for lease right away,” he told The Hindu.

“We are very bullish about Tamil Nadu, particularly Chennai. We are looking at another project in Chennai and will be closing the deal soon. This will happen in the next three months. Besides Chennai, we are also looking at Hosur. We aim to acquire and develop 10x the current land portfolio in five to seven years across India through multiple projects,” he added.

Ample Parks plans to broaden its footprint beyond Chennai by targeting key tier 1 cities across India, including Mumbai, Delhi NCR, Ahmedabad, Pune, and Kolkata. These markets are experiencing growing demand for industrial and logistics real estate driven by increasing consumption and manufacturing activity. Additionally, Ample Parks sees strong growth potential in tier 2 cities like Lucknow, Jaipur, Guwahati, and Nagpur, which are regional economic hubs, and present valuable opportunities for expansion.