XSIO Logistics Buys 7 Acre Mumbai Land Near Airport for Rs. 230 Cr

XSIO Logistics, a Nagpur-based logistics company, has secured a seven-acre land parcel near Chhatrapati Shivaji Maharaj International Airport in Mumbai for Rs. 230 crore, marking a significant strategic move into urban logistics real estate. The acquisition forms part of a larger Mumbai logistics development with a total estimated investment of Rs. 470 crore, underscoring XSIO’s long-term growth ambitions in India’s high-value logistics market.

The Mumbai logistics project is currently awaiting pre-construction approvals and is expected to be completed within three years from the commencement of construction. Located close to Terminal 1 of Mumbai Airport, the site holds strong strategic importance due to its connectivity advantages, making it highly suitable for time-sensitive and high-frequency logistics operations.

Key Highlights

• XSIO Logistics acquires 7-acre Mumbai land near airport for Rs. 230 crore
• Rs. 470 crore urban logistics project planned with airport-linked advantages
• Partially temperature-controlled logistics park to serve multiple industries

Also Read: National Startup Day 2026: PropTech's Rise in India

In partnership with Blackstone, XSIO Logistics already operates a logistics facility near Nagpur and plans to develop a state-of-the-art, partially temperature-controlled logistics park on the newly acquired Mumbai land. The proposed facility is designed to serve a broad range of sectors, including multinational corporations, quick commerce companies, cloud kitchens, and pharmaceutical firms, all of which require efficient last-mile and cold-chain-enabled logistics infrastructure.

Also Read: Inside the Rise of SCO Plots on Dwarka Expressway, Gurugram

Industry sources indicate that the project’s proximity to Mumbai Airport Terminal 1 significantly enhances its appeal for urban warehousing, air-cargo-linked logistics, and high-value supply chains. With this acquisition, XSIO Logistics strengthens its footprint in Mumbai’s premium logistics corridor, aligning with rising demand for modern logistics parks in key metropolitan markets.