ESR, an Asia-Pacific–focused real asset owner and manager, has acquired a 60-acre land parcel in Talegaon, Pune, to develop an industrial and logistics park with an estimated investment of ₹650 crore.
The project is part of ESR’s broader growth strategy in India and is aimed at serving key sectors such as automotive, e-commerce, FMCG, logistics, and advanced manufacturing. Designed with modern and sustainable infrastructure, the park will comprise six Grade A buildings and is positioned to boost connectivity and supply chain efficiency. The site offers strong multimodal access via NH-48, the Mumbai–Pune Expressway, and the upcoming Talegaon–Chakan Road, ensuring seamless connectivity to major cities and manufacturing hubs.
ESR’s continued expansion in Maharashtra—one of western India’s most important industrial markets—underscores its confidence in the region’s economic potential, skilled talent base, and long-term growth prospects. This development further strengthens ESR’s portfolio of industrial parks across the country and its presence in rapidly growing markets.
News by Rahul Yelligetti.