Archive · 20 Nov 2025
Blackstone Invests ₹700 Crore in Casagrand for TN Industrial Parks
Blackstone, a big investment company, is giving ₹700 crore to Casagrand to build two big warehouses in Chennai.
These warehouses will be for companies that need to store and move things, like cars and online shopping items.
The warehouses will be really big and modern, and they're expected to be worth ₹1500 crore when they're finished.
Casagrand is happy about this partnership because it will help them make better warehouses for companies.
Casagrand Industrial & Warehousing partners with Blackstone for industrial parks
Total investment: ₹700 crore for 4.2 million sq.ft of Grade A industrial and warehousing space
Parks to be developed across 154 acres in Sriperumbudur, Chennai
Expected gross development value: ₹1500 crore
Parks to accommodate e-commerce, 3PL, and manufacturing occupiers
- Who
- Casagrand Industrial & Warehousing and Blackstone
- What
- Investment deal for industrial and logistics parks
- When
- November 20, 2025
- Where
- Sriperumbudur, Chennai
- Why
- To develop modern, Grade A industrial and warehousing infrastructure
- Total Investment
- ₹700 crore
- Total Area
- 4.2 million sq.ft
- Expected Gross Development Value
- ₹1500 crore
- Location
- Sriperumbudur, Chennai
- Occupiers
- E-commerce, 3PL, manufacturing occupiers
