· Manufacturing & Investment · Source: economictimes.indiatimes.com

Ascendas Firstspace buys 9 lakh sq ft industrial warehousing space in Gujarat for Rs 275 cr

Ascendas Firstspace has acquired 9 lakh sq ft of industrial and warehousing space in Bavla, Ahmedabad, from Crystal Group for ₹275 crore. The phased development over 18 months aligns with construction milestones and marks Ascendas Firstspace’s expansion into Gujarat, strengthening its western India portfolio amid rising demand from manufacturing, e-commerce, and logistics occupiers.

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