Ample Parks
Driving efficiency, delivering value
In October 2022, Actis and Mahindra Lifespaces entered into a joint venture agreement and in August 2024 formally launched Ample Parks, an Indian industrial and logistics real estate developer and operator. Actis holds a majority stake in the joint venture, with Mahindra Lifespaces owning a significant minority stake.
Ample Parks aims to acquire and develop approximately 1.5 million square metres of greenfield and brownfield sites in key markets across India over the next few years with the aim of establishing itself as a leading industrial and logistics real estate solutions provider to global and local corporations.
In August 2024, the platform completed its first acquisition, a prime 70 acres industrial land parcel within Mahindra World City, Chennai, to develop an integrated industrial and logistics park with institutional grade buildings. The project will seek to attract top-tier industrial occupiers, allowing them to benefit from Mahindra World City’s infrastructure, accessibility and skilled manpower availability.
Akash Rastogi has been appointed as Chief Executive Officer to lead the business and a highly experienced management team.
