Developing Industrial Center - Chakan
Industrial sector is one of the most booming sectors of the country. It enables the country to produce a variety of consumer goods in large quantities and at low costs removing the need for dependency on other countries.
Chakan is considered as one of the biggest industrial areas in Pune. It is located in the western suburbs of Pune adjacent to the Nashik-Pune Expressway. Infrastructure improvements together with increased industrial and commercial expansion have accelerated growth in the region.
There are more than 800 small cap to large cap industries in Chakan. It has been established as an auto & auxiliary hub. It is by far one of the largest industrial areas of Asia and a preferred location for many logistics and warehousing firms. A commercial hub named City Plaza with upto 600 units spread across 3 storeys is also being developed at Chakan by Sara Builders. It’s a well planned project with thoughtfully designed spaces and hi-tech facilities.
Due to its excellent connectivity to the Mumbai-Pune Highway, Pune Nashik Highway, Jawaharlal Nehru Port Trust (JNPT), Talegaon Industrial Area, Pimpri-Chinchwad Industrial Area, Pune International Airport, and the upcoming Navi Mumbai International Airport, Chakan has attracted a number of domestic and international manufacturers. This has also led to an increase in the number of residential buyers in the region.
Chakan industrial area is a Special Economic Zone (SEZ) promoted by the Maharashtra Industrial Development Corporation (MIDC) and hosts some of the largest global automobile as well as automobile component manufacturers like Volkswagen, Bajaj, Mahindra, Mercedes Benz, Bridgestone, GE, and Hyundai etc. Apart from automobile and logistics, it is also home to many steel, engineering and plastic molding manufacturers.
It is a fast expanding industrial sector where several international and Indian organizations are establishing their production facilities.
The locals in the area now have access to a wide range of options thanks to the development.
The prices of residential units are rising currently and the pace of construction here will guarantee that property values will continue to rise further.