business / news / / Hindustan Times
BMW has expanded its Pune footprint by leasing an additional 1.35 lakh sq ft logistics facility.
BMW has leased an additional 1.35 lakh sq ft at ESR Pune Industrial Park.
KEY POINTS
- The new lease increases BMW's total ESR Chakan 1 footprint to 4.03 lakh sq ft.
- The lease starts March 1, 2026, with a 7.5-year term and 5% annual escalation.
- BMW paid a security deposit of ₹3.27 crore and will pay ₹39 per sq ft monthly rent.
COMPANIES
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