The GMR Hyderabad Aerotropolis Ltd (GHAL) will develop a 66-acre logistics and industrial park near the international airport here with an outlay of ₹550 crore.
The GHAL, an arm of GMR Hyderabad International Airport (GHIAL), has formed a joint venture with ESR Hyderabad 1
Pte Limited (ESR), a subsidiary of Hong Kong-based ESR Cayman Limited to develop the project.
ESR and GHAL have entered into definitive agreements with an equity interest of 70 per cent and 30 per cent, respectively in the special purpose vehicle GMR Logistics Park Private Ltd.
