Parakh Foods and Oils Buys 6-Acre Land Parcel at Lodha Industrial and Logistics Park II, Ambernath for ₹49.11 Crore
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FMCG Major Parakh Foods and Oils Acquires 6-Acre Ambernath Industrial Plot for ₹49.11 Crore
Parakh Foods and Oils Limited purchased approximately 24,260 square metres, or about 5.99 acres, at Lodha Industrial and Logistics Park II in Ambernath on February 27, 2026. The transaction was valued at ₹49.11 crore.
Transaction Details
The deal was executed at ₹20,250 per square metre, translating to approximately ₹8.20 crore per acre. Under the agreement, Lodha Developers will receive a 57.5% share of the total Floor Space Index (FSI), while the trust will retain the remaining 42.5%.
Strategic Positioning in Mumbai's Industrial Corridor
Parakh Foods is strategically positioning itself within one of the MMR's most important industrial corridors through this acquisition. By choosing the Ambernath-Badlapur belt, Parakh Foods is leveraging one of Maharashtra's fastest-growing industrial corridors, known for its superior connectivity to JNPT and the Mumbai-Pune expressway.
Ambernath, part of the Mumbai Metropolitan Region, is steadily emerging as a preferred destination for industrial and warehousing activity, with buyers seeking well-connected, competitively priced alternatives to core city locations.
About Parakh Foods and Oils Limited
Parakh Foods and Oils was established in 1976 with the purpose of creating products made with time-tested techniques, that deliver the goodness of food straight to your kitchen. The company is a major player in the FMCG and commodities sector, known for brands like Samrat. Parakh Foods and Oils Limited generated more than ₹1,000 Cr in revenue for the financial year ending on Mar 31, 2025.
Land Use and Manufacturing Capacity
The 6-acre land parcel provides the massive floor plate required for advanced warehousing and high-capacity processing units, essential for a high-volume FMCG player. The acquisition reflects the growing trend of FMCG manufacturers relocating to well-connected industrial nodes beyond central Mumbai to scale manufacturing and supply chain operations.
Lodha Industrial and Logistics Park Portfolio
Lodha is already developing 300 acres of Industrial and Logistics Park near Navi Mumbai, which is almost completely leased out. LIP Park I is completely sold out, while Park II has been leased out to its maximum capacity. The park is home to global clients such as FM Logistic, Flyjac Logistics, Aptar Pharma and many more, testifying the unique proposition of Grade-A industrial and warehousing park with high-quality infrastructure.
Lodha's industrial & logistics park business has scaled up and made its mark with JVs already signed with marquee investors.