Mahindra Logistics Secures Prime Pune Facility for Rs 1.2 Crore Monthly Rent
Mahindra Logistics has entered into a significant 5-year lease agreement for a facility in Khed, Pune, with a monthly rent of Rs 1.15 crore, according to documents from real estate data analytics firm CRE Matrix.
PuneReal EstateLogisticsMahindra LogisticsKhedReal Estate PuneFeb 05, 2025
According to documents accessed by CRE Matrix, a leading real estate data analytics firm, the monthly rent for this facility is set at Rs 1.15 crore.
This significant investment underscores Mahindra Logistics' commitment to expanding its operations in the strategic location of Pune.
Pune, a bustling city in the western state of Maharashtra, has emerged as a key hub for various industries, including manufacturing, IT, and logistics.
The strategic location of Khed, just outside Pune, offers excellent connectivity and infrastructure, making it an ideal choice for logistics companies looking to optimize their operations.
Mahindra Logistics, a part of the Mahindra Group, is a well-established name in the logistics sector, offering a wide range of services such as warehousing, distribution, and supply chain management.
The company's decision to lease a facility in Khed is a strategic move aimed at enhancing its service capabilities and strengthening its market position.
The facility, spread over a substantial area, is expected to serve as a key distribution center for Mahindra Logistics, facilitating seamless logistics operations and improving efficiency.
The advanced infrastructure and modern facilities will enable the company to handle a larger volume of goods and provide superior services to its clients.
CRE Matrix, a leading real estate data analytics firm, has been tracking the real estate market in Pune and other major cities.
The firm's data and insights have been instrumental in helping companies like Mahindra Logistics make informed decisions about their real estate investments.
The signing of this lease agreement is a testament to the robust growth and increasing demand for logistics facilities in Pune.
It also highlights the city's potential as a preferred location for logistics and warehousing companies.
The high rental value of Rs 1.15 crore per month reflects the premium nature of the facility and the strategic importance of the location.
For Mahindra Logistics, this move is expected to bring numerous benefits, including cost savings, improved operational efficiency, and enhanced customer satisfaction.
The company plans to leverage the new facility to expand its client base and explore new business opportunities in the region.
As the logistics sector continues to grow, the demand for well-connected, modern facilities is on the rise.
Pune, with its well-developed infrastructure and strategic location, is well-positioned to attract more investments in this sector.
Mahindra Logistics' decision to lease a prime facility in Khed is a significant step towards capitalizing on the city's potential and achieving long-term growth.
Frequently Asked Questions
What is the monthly rent for the facility leased by Mahindra Logistics in Khed, Pune?
The monthly rent for the facility leased by Mahindra Logistics in Khed, Pune, is Rs 1.15 crore.
How long is the lease agreement between Mahindra Logistics and the facility in Khed, Pune?
The lease agreement between Mahindra Logistics and the facility in Khed, Pune, is for a period of 5 years.
What services does Mahindra Logistics offer?
Mahindra Logistics offers a wide range of services including warehousing, distribution, and supply chain management.
Why is Khed, Pune, a strategic location for logistics companies?
Khed, Pune, is a strategic location for logistics companies due to its excellent connectivity and infrastructure, making it an ideal choice for optimizing logistics operations.
What benefits does Mahindra Logistics expect to gain from the new facility in Khed?
Mahindra Logistics expects to gain numerous benefits from the new facility in Khed, including cost savings, improved operational efficiency, and enhanced customer satisfaction.
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