Goa | July 31, 2025 — In a significant milestone for India’s logistics and warehousing sector, NDR InvIT Trust, the country’s first perpetual Warehousing and Industrial Parks InvIT listed on the National Stock Exchange, has inaugurated a state-of-the-art 2.35 lakh sq. ft. facility at its NDR Varama Sir site on Verna Airport Road.
The space has been handed over to:
- A leading quick-commerce company (~1.06 lakh sq. ft.)
- A third-party logistics (3PL) provider managing FMCD (Fast-Moving Consumer Durables) (~1.24 lakh sq. ft.)
The event was attended by key stakeholders including Mr. N. Amrutesh Reddy (Director, NDR InvIT Trust), Mr. Jagdish Bhanushali, Mr. Meet Bhanushali, and Mr. Sundar Rajan.
Strategic Expansion in Goa
This facility marks a major step in NDR InvIT’s mission to build scalable, efficient infrastructure across India. With this development, NDR’s Goa portfolio now encompasses ~11 lakh sq. ft. of constructed area across two key sites:
- NDR Goaspace Pvt. Ltd. in Verna Industrial Area
- NDR Varama Sir on Verna Airport Road
These sites act as strategic hubs for last-mile delivery, pan-India distribution, and manufacturing-linked logistics.
Commitment to Future-Ready Infrastructure
Speaking at the inauguration, Mr. Jagdish Bhanushali, Project Director, said:
“This facility reflects our commitment to future-ready infrastructure that meets the dynamic needs of modern trade, manufacturing and commerce. From last-mile efficiency to pan-India reach, NDR InvIT’s assets are designed to support speed, sustainability, and scalability.”
The Goa portfolio is particularly focused on supporting high-growth industries such as:
- Quick commerce
- Third-party logistics (3PL)
- Light manufacturing
Consumer durables (FMCD)
About NDR InvIT Trust
NDR InvIT Trust is India’s first perpetual Warehousing and Industrial Parks InvIT. With 19.22 million sq. ft. AUM, it operates 60+ warehouses and 37 industrial parks across 15 cities, leased to over 100 tenants from industries including:
- E-commerce
- IT and technology
- Automotive
- Retail & FMCG
- Engineering and white goods
NDR InvIT’s mission is to contribute to India’s sustainable economic and social growth by strategically managing critical infrastructure that enables faster, smarter supply chains.
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