ESR Buys Pune Land For Rs 6.5 Billion Industrial Park

05 Dec 2025 CW Team

With a development potential of 1.35 million sq ft, the project will comprise six Grade-A industrial and logistics buildings designed for sectors including automotive, FMCG, logistics, e-commerce and advanced manufacturing.

Abhijit Malkani, CEO of ESR India, said India’s strong economic growth and rapid manufacturing expansion continue to drive demand for high-quality industrial infrastructure. Maharashtra, he noted, remains one of ESR’s fastest-growing markets, supported by a robust talent ecosystem and strong long-term industrial prospects.

Malkani added that the ESR Talegaon Industrial & Logistics Park aims to improve connectivity, boost supply chain efficiency and offer sustainable infrastructure that creates long-term value for occupiers and surrounding communities.

The Talegaon site benefits from strong connectivity through NH-48, the Mumbai–Pune Expressway and the new Talegaon–Chakan Road, providing direct access to Mumbai, Pune, Jawaharlal Nehru Port and major manufacturing hubs. The strategic location and skilled local workforce make it well suited for industrial and logistics operations.

ESR has built a significant presence across western India, operating modern industrial and logistics parks across 480 acres from Ahmedabad to major hubs in Maharashtra such as Nagpur, Ranjangaon, Chakan, Taloja and Bhiwandi.

The Talegaon acquisition comes shortly after ESR purchased an 85-acre land parcel in Hosur, Tamil Nadu, to develop a 2.1-million-sq-ft industrial and manufacturing park. ESR now operates 24 industrial and logistics parks across India.

India’s manufacturing upcycle — driven by Make in India, localisation efforts and a shift towards high-value exports — is drawing strong investor interest in compliant, modern industrial and logistics infrastructure. Pune, in particular, has become a fast-growing manufacturing hub, fuelling demand for Grade-A warehousing and factory space.

ESR’s latest investment highlights continued confidence in India’s expanding industrial corridors and the sustained need for world-class logistics infrastructure.

ESR, a leading Asia–Pacific real asset owner and manager, has acquired a 60-acre land parcel in Talegaon, Pune, to develop a large-scale industrial and logistics park with an estimated investment of around Rs 6.5 billion, strengthening its aggressive India expansion strategy. With a development potential of 1.35 million sq ft, the project will comprise six Grade-A industrial and logistics buildings designed for sectors including automotive, FMCG, logistics, e-commerce and advanced manufacturing. Abhijit Malkani, CEO of ESR India, said India’s strong economic growth and rapid manufacturing expansion continue to drive demand for high-quality industrial infrastructure. Maharashtra, he noted, remains one of ESR’s fastest-growing markets, supported by a robust talent ecosystem and strong long-term industrial prospects. Malkani added that the ESR Talegaon Industrial & Logistics Park aims to improve connectivity, boost supply chain efficiency and offer sustainable infrastructure that creates long-term value for occupiers and surrounding communities. The Talegaon site benefits from strong connectivity through NH-48, the Mumbai–Pune Expressway and the new Talegaon–Chakan Road, providing direct access to Mumbai, Pune, Jawaharlal Nehru Port and major manufacturing hubs. The strategic location and skilled local workforce make it well suited for industrial and logistics operations. ESR has built a significant presence across western India, operating modern industrial and logistics parks across 480 acres from Ahmedabad to major hubs in Maharashtra such as Nagpur, Ranjangaon, Chakan, Taloja and Bhiwandi. The Talegaon acquisition comes shortly after ESR purchased an 85-acre land parcel in Hosur, Tamil Nadu, to develop a 2.1-million-sq-ft industrial and manufacturing park. ESR now operates 24 industrial and logistics parks across India. India’s manufacturing upcycle — driven by Make in India, localisation efforts and a shift towards high-value exports — is drawing strong investor interest in compliant, modern industrial and logistics infrastructure. Pune, in particular, has become a fast-growing manufacturing hub, fuelling demand for Grade-A warehousing and factory space. ESR’s latest investment highlights continued confidence in India’s expanding industrial corridors and the sustained need for world-class logistics infrastructure.

Infrastructure Urban

06 Apr 2026

CFI Appoints New National Council for FY27 and FY28

The Construction Federation of India (CFI) has announced its newly elected National Council and office bearers for a two-year term covering FY27 and FY28. M. V. Satish, Advisor to CMD and Lead Ambassador for Middle East, L&T, has been elected President; Priti Patel, Chief Strategy & Growth Officer, Tata Projects, has been appointed Vice President; and Ajit Bhate, Managing Director, Precast India Infrastructures, has taken charge as Treasurer.The newly formed National Council brings together senior leaders from major EPC and infrastructure companies, reflecting CFI’s continued focus o..

Infrastructure Urban

06 Apr 2026

India REIT Market Gains Momentum with Strong Returns

India’s Real Estate Investment Trust (REIT) market is witnessing strong growth, emerging as a competitive investment avenue both domestically and across Asia. According to a recent ANAROCK report released at EXCELERATE 2026 by NAREDCO Maharashtra NextGen, the sector is evolving into a mature asset class driven by solid fundamentals, regulatory backing and rising investor confidence.The introduction of Small and Medium REITs (SM REITs) in 2025 has further widened access through fractional ownership, unlocking a potential monetisation opportunity of Rs 670–710 billion. Indian REITs have deli..

Infrastructure Energy

06 Apr 2026

G R Infraprojects Secures Rs 4,130 Million BESS Contract From NTPC

G R Infraprojects said it has secured a contract from NTPC to supply and implement a battery energy storage system (BESS) valued at Rs 4,130 million (mn). The company reported the order was awarded as part of NTPC's ongoing efforts to enhance grid flexibility and energy storage capacity. The contract represents a notable addition to the firm's project pipeline and underscores demand for utility scale storage solutions. The award is expected to strengthen G R Infraprojects' presence in the energy infrastructure sector and to contribute to the firm's order book and future revenues, subject to st..