Pune: The Chakan–Talegaon industrial belt, which hosts a large cluster of automobile manufacturing units, accounted for nearly 80% of Pune’s total warehouse leasing transactions, according to a report by Knight Frank India.This growth comes as the total warehousing space leased by manufacturers in Pune rose sharply to 1.6 crore sqft in 2025, up from 86 lakh sqft in the previous year.“The market is expected to continue expanding steadily, with the Chakan–Talegaon corridor leading the growth while surrounding areas absorb the spillover demand,” said P Vilas, Pune branch head of Knight Frank India.Industry body Credai has also identified Chakan as Pune’s leading industrial warehousing hub, holding a 31% share of the market, followed by Khed and Talegaon with 20% and 14%, respectively. Meanwhile, real estate services firm JLL has highlighted Talegaon as an emerging industrial destination due to its proximity to Mumbai and the limited availability of land in Chakan.The rise in leasing activity has largely been driven by manufacturing companies, followed by logistics firms, indicating that the demand is primarily fuelled by expansion in manufacturing operations rather than distribution requirements.The Chakan–Talegaon corridor is also part of one of the 35 multi-modal logistics parks (MMLPs) planned across the country. According to a Colliers India report, these parks are expected to offer integrated facilities such as warehousing, cold storage, customs clearance and cargo handling. They are also likely to reduce transit time, lower logistics costs, ease congestion and enhance overall supply chain efficiency.Last month, MIDC CEO P Velrasu said most manufacturing companies prefer to establish plants in Chakan due to the strong presence of automobile companies in the area. This has led to a severe shortage of land in Chakan, despite ongoing infrastructure challenges such as traffic congestion, accidents and logistical delays. To address the issue, MIDC is considering land acquisition in Talegaon to encourage new investments in the region.Warehouse rental rates in Chakan are also significantly higher than in other industrial areas such as Wagholi, Ranjangaon and Shirwal. According to Knight Frank data, premium warehouse rents in Chakan and Talegaon range between Rs 26 and Rs 33 per sqft per month, compared to Rs 20–25 in Lonikand and Rs 23–25 in Ranjangaon.The Wagholi–Ranjangaon corridor accounted for about 5% of warehouse leasing transactions, while peripheral locations contributed the remaining 15%, largely driven by specific manufacturing requirements.
