GreenBase Industrial inks 200,000 sq feet industrial deal at Oragadam

The existing land bank of close to 500 acres spread across four locations is dedicated for 15 mn sq. ft of industrial and logistics parks development

Greenbase Industrial and Logistics Park, a joint venture between Niranjan Hiranandani Group and Blackstone, said that it has signed a lease agreement for 200,000 square feet of industrial space with Jost India in its integrated township Hiranandani Parks at Oragadam in South-West Chennai.

Jost India, a global leader in manufacturing components for commercial vehicles and agricultural equipment, is planning to make the facility operational by the end of 2022 generating employment for nearly 200 people.

“With the signing of this deal, our total delivered portfolio stands at 1.5 mn sq. ft at Greenbase Chennai, a milestone accomplished in the short span of