Sambhav Homes Hands Over 85 Acres to ESR Group for ₹600 Crore Industrial Park in Hosur
Chennai, March 5, 2026: Sambhav Homes & Infrastructure, a Bengaluru-based real estate firm, has transferred an 85-acre fully developed land parcel in Hosur through a special purpose vehicle to Singapore-headquartered ESR Group, marking its foray into Tamil Nadu's industrial and warehousing segment .
Transaction Details
The company, which aggregates large land parcels and creates ready-to-develop infrastructure, formed an SPV for the Hosur property and transferred it to ESR for a consideration of ₹250 crore, said Sanjai Kumar, Chairman of Sambhav Homes. Sambhav is part of the ₹400-crore e-Cosmos Group .
The land has been handed over for ESR's proposed ₹600-crore, 2.1 million sq ft ESR Hosur Advanced Manufacturing Park .
Business Model
Kumar explained that Sambhav Homes specializes in aggregating large contiguous land parcels and delivering them as plug-and-play infrastructure to leading asset management and industrial park developers .
ESR, the acquirer, develops Grade A industrial and logistics parks, offering warehousing and manufacturing spaces. In India, the company has nearly 30 million sq ft of industrial and warehousing space across multiple cities .
Expansion Plans
Sambhav Homes is preparing to aggregate and deliver land parcels in Hosur, Coimbatore, Sriperumbudur, and Bhiwandi, with plans to deliver over 1,000 acres over the next couple of years .
The company has so far invested ₹350 crore and plans to invest an additional ₹350 crore in the near term to scale up its industrial land aggregation and development platform .