Pune's industrial real estate market has seen a significant surge, with annual net absorption nearly tripling from 4.2 million sq. ft. in 2019 to 11.3 million sq. ft. by the end of 2024, according to a report by JLL India.
PuneReal EstateIndustrial MarketJll IndiaGrowthReal Estate PuneJul 01, 2025
Pune's industrial real estate market has seen annual net absorption increase from 4.2 million sq. ft. in 2019 to 11.3 million sq. ft. by the end of 2024.
Pune’s total industrial stock has expanded from 24.2 million sq. ft. in 2019 to 60.9 million sq. ft. by the end of 2024.
Grade-A facilities now make up 75% of Pune’s total industrial stock.
While the automotive and engineering sectors remain the foundation, demand from FMCG, home and construction, and pharmaceutical sectors is also strengthening.
Total industrial stock in Pune is projected to more than double by 2030, exceeding 140 million sq. ft., with annual supply and demand expected to consistently remain above 10 million sq. ft.
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