Case Study: Setting Up a Manufacturing Unit in Chakan MIDC and Industrial Real Estate Pune

100000 sq.ft industrial shed for lease in Chakan Pune

Pune City, the "Oxford of the East" and a potential IT hub, is assumed to be one of the most prominent manufacturing and industrial centers in India. Independent power and energy, indeed the conception of this industrial age remains Chakan MIDC (Maharashtra Industrial Development Corporation), a name synonymous with large-scale industrial development and a magnet for global manufacturing giants. It is essential to know the variations in this area for companies looking to expand or start a new unit of manufacturing in Chakan. This case study explores why Chakan MIDC is the best bet and how smart real estate choices can lead the way for a profitable setting up business in Chakan.

Chakan MIDC: The Epicenter of Industrial Growth in Pune

Chakan Industrial Area in Pune is the most integrated industrial area in the whole nation. Created as a strategic manufacturing and logistics hub by the Maharashtra Industrial Development Corporation (MIDC), it stretches over almost 5,000 hectares, with a strong infrastructure planned to host heavy industries and sophisticated supply chains. There's no surprise behind the area's success; it's a well-planned industrial complex that answers all the demands of contemporary businesses.

Strategic Location and Unmatched Connectivity

The attractiveness of Chakan MIDC real estate primarily lies in its unmatched accessibility. Strategic location, Chakan is further strengthened with improved proximity to vital transport networks and logistics hubs. Chakan has good connectivity to Mumbai-Pune Expressway and Pune-Nashik Expressway and has proximity to Jawaharlal Nehru Port Trust (JNPT), the largest container port of India. Its close distance to a huge port dramatically shortens logistics cost and distance for import and export companies.

In addition, Chakan has great connectivity with Talegaon Industrial Area, Pimpri-Chinchwad Industrial Area, and the Pune International Airport, thus a strategic place for supply chain efficiency. The area is also being heavily developed in terms of infrastructure with a plan for metro line connectivity and large-scale infrastructure development along the KHED SEZ and the Talegaon industrial belt. This future-oriented growth guarantees that industrial real estate Pune within the Chakan belt will have competitive benefits in the years to come.

A Flourishing Ecosystem for Various Industries

Chakan has emerged as a favored location for a wide range of industries, most notably automobile and auto ancillaries. Some of the largest automobile manufacturers in Chakan have their presence such as Volkswagen, Bajaj Auto, Mercedes-Benz, Mahindra & Mahindra, and Hyundai Construction. Other than the automobile sector, Chakan features industry leaders in steel & engineering, electronics, food processing, plastic molding, and consumer goods.

The availability of this highly diverse industrial base creates a thriving ecosystem, drawing plentiful engineering talent and a robust diaspora of skilled labor, semi-skilled labor, and unskilled labor from all over India and the world. This easily available manpower is a key consideration for setting up a business in Chakan. MIDC's internally well-designed roads allow unrestricted movement of bulk traffic, and power supply is provided by Maharashtra State Electricity Distribution Company Limited (MSECDL). MIDC has also organized fire stations all over the region to provide prompt response and assistance during emergencies. Such a wide-ranging support system renders manufacturing in Chakan a sought-after choice for global and local companies both.

The Rriddhisiddhi Properties Advantage: Navigating Industrial Real Estate in Pune

For companies looking to set up an industrial real estate Pune, especially in the Chakan MIDC, it can be a make-or-break situation with the right industrial real estate professionals like Rriddhisiddhi Properties. We know the intricacies of this fast-paced market and provide customized solutions beyond merely discovering a plot. Our strength is in finding Grade A facilities and tailoring leasing strategies to match specific business needs.

Knowing Chakan MIDC Leasing and Industrial Unit Pune Need

The need for top-grade industrial real estate Pune has brought about the development of best-in-class industrial parks in Chakan, for example, those by Horizon Industrial Parks (Chakan II and Chakan V) and KSH Infra. The parks provide Grade A units for manufacturing and warehousing activities, frequently Platinum green-rated by IGBC, demonstrating adherence to sustainability and efficiency. 

In evaluating Chakan MIDC leasing, companies seek certain attributes:

• Pre-Engineered Buildings (PEB): Column spacing for versatile layouts.

• Office Areas: Integrated ground and bare-shell mezzanine office space.

• Parking: Two-wheeler, four-wheeler, and truck parking space in abundance, for maximum period loads.

• Security: CCTV surveillance 24x7 at main entrance gates.

• Efficient Lighting: Skylights over 3-5% of roof areas and LED lighting.

• Strong Construction: 3.6m maximum height of pre-cast walls, UDL 5T/sqm floors, FM2-standard.

• Safety: Complete fire detection, alarms, fire escape doors, sprinklers, and exterior hydrants.

• Ventilation: Well-changed air through passive ventilation and roof monitors.

• Dock Areas: Dock height of 1.2m with rolling shutters and dock pits.

• Truck Apron: Wide concrete aprons (e.g., 16.5m) with well-maintained internal roads (e.g., 12m wide).

• Building Height: Ideal eaves height, generally 12m.

These aspects are important for operational effectiveness and are the benchmark for a developed industrial unit Pune. The adaptability of choosing Built-To-Suit (BTS) solutions or available spaces ensures that firms can initiate quick operations, preserving zero downtime and capital outlay on the initial establishment. 

Case Study Highlight: Seamless Business Setup Pune Experience

Horizon's capability to offer a "one-stop solution for our industrial real estate Pune requirements" was a principal influencer, enabling Lumax to go live in a mere two months after shifting in, an example of the efficiency and advantage offered by such associations. This instance illustrates how the right location and an enabling real estate partner can considerably speed up the process of establishing a business in Chakan.

A fine example of a well-set-up business organization in Pune in Chakan MIDC is Lumax Industries Limited, a market leader in Indian automotive lighting. Lumax Industries chose Horizon Industrial Park, Chakan II, for a spacious 2.6 lakh square feet Built-To-Suit (BTS) facility of manufacturing in Chakan. Lumax had been in its own offices before. Their CEO, Mr. Dhanesh Kumar Jain, pointed out that the world-class infrastructure and facilities offered by the industrial park ecosystem triggered their move. Horizon's capacity to offer a "one-stop solution for our industrial real estate Pune needs" made all the difference, allowing Lumax to become operational within just two months of taking up space, proving the effectiveness and benefit of such partnerships. This example shows how the correct choice of location and the correct real estate partner can accelerate the process of setting up a business in Chakan significantly. Additional details on this tie-up may be accessed in Horizon Industrial Parks' press release.

Key Considerations for Your Manufacturing Unit in Chakan

In planning your production facility in Chakan, a number of strategic implications are involved, going beyond the actual location. These range from incorporating sustainability to dealing with leasing and working towards exploiting the advantages of mature industrial parks.

Infrastructure Excellence and Sustainability

New-generation industrial parks at Chakan are raising higher standards for the quality of infrastructure and caring for the environment. For companies considering Chakan for manufacturing facilities, sustainability is fast becoming a crucial factor. Grade A parks are planned with sustainability principles on the front stage:

• Energy Efficiency: Rooftop solar installations are quite common, offering a significant portion of power needs and reducing conventional energy sources dependence. Passive natural lighting through skylights and efficient ventilation systems also minimize energy consumption.

• Water Management: Greywater reuse and rainwater harvesting are traditionally adopted as a way of trying to utilize the full capacity of water resources.

• Green Certifications: They also do their best and obtain high-grade certifications such as IGBC Platinum and EDGE that validate their environmental responsibility and operational excellence.

• Biodiversity Initiatives: Some of the parks take it one step ahead by enhancing the local biodiversity through the creation of Miyawaki forests, butterfly gardens, and lotus ponds that serve to create a better microclimate. Even activities such as recycling plastic waste to be reused as products (such as benches for nearby schools) demonstrate a larger movement in the industrial system towards becoming sustainable.

This focus on sustainability not only has the potential to boost environmental efficiency but also aligns with international manufacturing benchmarks and corporate social responsibility goals, making industrial property Pune in Chakan doubly appealing.

The Leasing Process and Partnership Benefits

Partnership with an expert real estate service such as Rriddhisiddhi Properties can make the Chakan MIDC leasing process more efficient. The standard leasing process includes a first consultation to learn about particular requirements, then comprehensive proposals specifically designed according to business needs, such as lease duration, amenities, and customization. Our experts assist you throughout every step, maintaining clarity and transparency to ease your transition into your new industrial facility.

Aside from the physical facilities, collaborations with seasoned industrial park developers present substantial operational benefits to an industrial unit Pune:

• Integrated Solutions: Plug-and-play or bespoke solutions are provided by a majority of parks, together with strategic land acquisition assistance.

• Operational Support: Property management services, 24x7 operations, downtime guarantee of minimum duration, and better safety and security measures are generally part of the norm.

• Human-Centric Amenities: To support workers in their well-being and productivity, some parks include amenities like creches, urban forests, open gyms, and zen gardens.

• Regulatory Compliance: The developers have an understanding of the statutory and regulatory requirements and are extending hassle-free operations to the tenants.

Though aged information (e.g., 2017) may reflect rents in the range of Rs. 23 per sq. ft. p.a. with a 9-month advance and a 5-year tenancy period, it's essential to consider that prevailing Chakan MIDC real estate market rates and conditions would depend upon facility grade, space, and existing market conditions. Rriddhisiddhi Properties keeps our clients apprised of recent market conditions to negotiate the best available terms for setting up their manufacturing unit in Chakan.

Conclusion: Chakan MIDC – Your Gateway to Manufacturing Success

Chakan MIDC is a leading destination for business establishments in Chakan, providing an impressive mix of strategic location, solid infrastructure, skilled manpower, and an enabling industrial environment. Its consistent growth and evolution, especially in state-of-the-art industrial real estate Pune, make it an unbreakable preference for domestic as well as global manufacturers.

Whether you are setting up a new manufacturing facility in Chakan, looking for opportunities in Chakan MIDC leasing, or just looking into business setup Pune, Rriddhisiddhi Properties is your go-to partner. We possess thorough market understanding and customer-centric solutions to guide you through the intricate issues of industrial real estate Pune, so your business finds its perfect abode in this flourishing industrial destination. With its splendid connectivity, diverse industrial ecosystem, and focus on sustainable infrastructure, Chakan MIDC is indeed where every manufacturing giant would like to be, and where your next success story can start.