ESR has plans to develop a state-of-the-art, multitenant industrial and logistics facility at Chakan near Pune, India. The total investment is $45 million. The park is ESR’s second development in Chakan.
The 38-acre industrial & logistics park in Chakan will have connectivity to the Mumbai-Pune Expressway, Pune, Pimpri-Chinchwad, Aurangabad, Nagpur, Nashik and Mumbai. The location has access to a large talent pool and a well-developed social infrastructure, with quality housing, retail malls, medical and educational facilities, making it an ideal destination for manufacturing and warehousing.
"Chakan has been a significant location for our expansion in India due to its established industrial ecosystem and increasing demand driven by national and global companies for class A spaces in this region,” said Abhijit Malkani and Jai Mirpuri, country heads, ESR India, in a statement. “Chakan 2 will address this demand and help us strengthen our position in the west
