Welspun One, a leading warehousing and industrial real estate platform, will invest ₹550 crore to develop a 1.2 million sq ft Grade A logistics park in Pune, marking its debut in the city. The 46-acre MIDC-notified land in Talegaon MIDC Phase IV is strategically located in the Talegaon–Chakan belt, offering first-mile connectivity to factories and distribution networks.

Designed across four blocks of 1–3.5 lakh sq ft, the project aims to serve 3PL, e-commerce, FMCG, automotive, and manufacturing companies, while reinforcing Pune’s emergence as a key logistics hub, according to a report by The Hindustan Times.

It is located close to the upcoming Pune Ring Road (10 km), the Mumbai–Pune Expressway (11 km), and the Talegaon manufacturing zone.

Welspun Group chairman Balkrishan Goenka said the company’s expansion across major logistics hubs reflects its commitment to building critical infrastructure for India’s manufacturing and consumption economy.

Managing Director Anshul Singhal said that the Talegaon–Chakan cluster stands out for its strong fundamentals, including robust manufacturing ecosystems, skilled labour availability, and upcoming transport infrastructure.

This acquisition follows a series of major moves by Welspun One, including transactions in Hoskote and Devanahalli in Bengaluru earlier this year, and a second strategic partnership with the World Trade Centre for projects in Nhava Sheva and Thane. With a development pipeline of around 19 million sq. ft. and ₹10,000 crore in assets under management, the company continues to deepen its presence across India’s key logistics corridors.

Pune has recorded approximately 7.4 million sq ft of warehouse leasing in 2025 so far, up 10% from last year. Nearly 70% of this activity has come from the Talegaon–Chakan region, highlighting the strength of the corridor and rising occupier demand. Welspun One’s upcoming multi-building park, planned across four blocks of 1–3.5 lakh sq ft, is expected to appeal to a broad set of users, including 3PL, e-commerce, FMCG, automotive, engineering and manufacturing companies.