This page is created to inform readers about early market trends and developments. We do not claim to represent the official project or hold RERA approval. All information is based on publicly available news and should be verified with the developer once formally announced.
New Delhi, August 20, 2025 — Welspun One Logistics Parks (WOLP), a leading warehousing and industrial real estate platform, has significantly expanded its southern India operations by acquiring 51 acres in Hoskote and 56 acres in Devanahalli, Bengaluru.
In Hoskote, WOLP is set to develop its Proxima category park—a Grade-A warehousing hub tailored for 3PLs, FMCG, and retail clients. This location benefits from robust infrastructure connectivity and is situated in a booming logistics cluster already hosting over 7 million sq. ft. of warehousing. Notably, the region is projected to face a supply shortfall of 1.6 million sq. ft. by FY 2026–27, highlighting rising occupier demand.
The 56-acre Devanahalli site will anchor WOLP’s new Proxima Plus category—a premium offering aimed at industries like electronics, aerospace, EV, and pharmaceuticals. Located near strategic infrastructure developments such as Airport City and the upcoming Multi-Modal Logistics Park (MMLP), this hub addresses a looming warehousing supply gap of 2.4 million sq. ft. by FY 2029.
Welspun One’s acquisition in Hoskote and Devanahalli not only boosts its warehousing capacity but also positions it ahead in strategically vital logistics zones in South India—backsided by data-driven planning, future-ready infrastructure, and aggressive growth ambitions.
A taluk or city in India's Bangalore Rural District is called Hoskote. It has four hoblis, Anugondanahalli, Jadigenahalli, Nandagudi, and Sulibele, and is based in the town of Hosakote. In addition to the 4 hoblis, Hoskote Taluk has 294 settlements.
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*Disclaimer
This page is created for informational purposes only, based on publicly available news and preliminary market signals. It does not represent any official communication from Welspun One. We do not claim or offer RERA-registered inventory or commit any sales prior to formal launch. Readers are advised to verify all information independently before making any purchase decisions.
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1705 sqft - 2650 sqft Built-up Area
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600 sqft - 600 sqft Built-up Area
2 BHK Ready to Move
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Welspun One is the warehousing and industrial real estate arm of the $5 billion global conglomerate Welspun World, known for its leadership in infrastructure, textiles, pipelines, and more. A forward-looking, fund-backed platform, Welspun One specializes in delivering institutional-grade, large-format logistics parks across India, backed by an integrated model that spans capital raising, cutting-edge development, and expert asset management. Wels.... Read More