Panattoni, a leading global industrial real estate developer, has announced the groundbreaking ceremony for Panattoni Park NH71 in Delhi NCR. This state-of-the-art and environment-friendly warehouse park represents Panattoni India’s strategic entry into the Indian market. With its inauguration last December, the project aims to revolutionize warehousing and logistics in the region and streamline operations.
Strategic and Ideal Location: Panattoni Park NH71 boasts a strategic location on National Highway 352, formerly NH71, within the Jhajjar district of Haryana. It is situated amongst well-established warehousing hubs, with neighboring industrial centers like Luhari and Farrukhnagar. The park features over 32,000 square meters of space and occupies a site area of 66,000 sqm, catering to various industrial and logistics needs.
Premium Infrastructure and Sustainable Focus: The park’s specifications and infrastructure are constructed to the highest industry standards. It offers ample loading bays, optimal floor tolerance, and accommodations for efficient logistics procedures. Additionally, the infrastructure focuses on sustainability, with features like 100% wastewater recycling and extensive green cover around the facility. The park also provides mezzanine office space and a compliant fire protection system, comprising 3% of the warehouse area.
An International Venture with Local Impact: Robert Dobrzycki, CEO and co-owner of Panattoni Europe, UK, Middle East & India said, “India is a vital hub for our global operations. We are committed to accelerating our expansion across the country in the coming years. Panattoni Park NH71 serves as our gateway to India’s dynamic industrial market, marking our inaugural venture with the groundbreaking of Phase 1 in Delhi-NCR. This premier warehouse reflects our commitment to offering world-class spaces that empower businesses and drive economic growth.” Spanning a Vast Network and Meeting Growing Demands Sandeep Chanda, Managing Director India, Panattoni, states, “Panattoni Park NH71 brings our advanced design and construction expertise to the region. This project leverages our access to a vast international occupier network, meeting the growing demand from Indian companies for sustainable industrial and logistics real estate. The trends driving this demand, such as increased supply chain efficiency, the surge in e-commerce, and the consolidation of third-party logistics providers, reflects global developments that are now strongly present in India.” Promoting Employment Opportunities and Economic Growth In addition to its cutting-edge facilities and industry-leading design, Panattoni Park NH71 also aims to generate significant employment opportunities. By contributing to the local economy’s growth and development, the project will enhance the region’s job market. This groundbreaking ceremony and the establishment of Panattoni Park NH71 can contribute further to improving Delhi NCR’s logistical capabilities, attracting businesses, and strengthening the industrial infrastructure in the region. It marks a significant milestone in the real estate development sector and signals Panattoni’s commitment to establishing a strong presence in the Indian market.
