Pune: India's Industrial & Warehousing Powerhouse
Updated: Apr 16
CRE Annual Report 2024 | Industrial & Warehousing
We are pleased to present to you the Year-End Report (January 2024 to December 2024), highlighting Pune’s impressive strides in the industrial and warehousing sector.
Historic High Absorption: Pune's industrial and warehousing market recorded an exceptional absorption rate of 11.20 million sq. ft., marking a 36.6% year-on-year growth. This is also the highest absorption recorded in India.
Land & Leasing Transactions: Over 250 transactions were completed, underscoring the sector's activity.
Dominant Cluster: The Chakan-Talegaon cluster contributed to 71% of total absorption, solidifying its status as a thriving hub.
Sector Dynamics: The industrial sector outpaced warehousing, with an 81:19 absorption ratio.
Global Standards: Adoption of advanced building specifications is revolutionizing the industry.
Emerging Hotspots: Apart from the established industrial corridors already gaining traction, upcoming areas like Talegaon, Supe, Shirwal, and Khed City are emerging as key locations for growth.
As we step further into 2025, the question arises: What’s next for Pune’s industrial landscape?
