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BMW expands Pune footprint with a 1.35 lakh sq ft logistics lease at a monthly rent of ₹53.19 lakh
BMW has expanded its Pune footprint by leasing an additional 1.35 lakh sq ft from ESR Pune Industrial Park Private Limited at a rent of ₹53.19 lakh per month
BMW has expanded its Pune footprint by leasing an additional 1.35 lakh sq ft logistics facility from ESR Pune Industrial Park Private Limited at a monthly rent of ₹53.19 lakh for a tenure of 7 years and 5 months, documents accessed by Propstack showed.
In Phase 1, BMW had leased 2.68 lakh sq ft in 2019. With the Phase 2 lease, the company’s total footprint at ESR Chakan 1 has increased to 4.03 lakh sq ft, the documents showed.
This marks an expansion of the company’s existing presence in the area. In Phase 1, BMW had leased 2.68 lakh sq ft in 2019. With the Phase 2 lease, its total footprint at ESR Chakan 1 has increased to 4.03 lakh sq ft, according to the documents. The lease commenced on March 1, 2026.
The agreement includes a 5% annual escalation, with a lease rate of ₹39 per sq ft per month and a security deposit of ₹3.27 crore, the documents showed.
Queries have been emailed to BMW India. The story will be updated if a response is received.
“BMW is doubling down on Pune, expanding its footprint with a fresh lease at ESR Chakan. Strengthening its logistics and warehousing capabilities, the move reflects the company’s continued investment in one of India’s key automotive hubs,” said Raja Seetharaman, co-founder Propstack.
He said that a 7.5-year commitment with annual escalation signals confidence in the Indian luxury car market. Also, Pune continues to dominate as the preferred destination for global Original Equipment Manufacturers seeking Grade A facilities.
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Last year, BMW Techworks, a joint venture between BMW and Tata Technologies, had leased 58,900 sq. ft of commercial office space in Bengaluru’s Whitefield area for a starting monthly rent of ₹1.04 crore, according to property registration documents accessed by Propstack.com
Earlier this year, BMW Group India reported its highest-ever first-quarter sales, with 4,567 units sold between January and March 2026, marking a 17% growth over the same period last year, according to media reports.
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The company’s growth in India has also been driven by rising interest in electric vehicles, with BMW aligning prices of its battery-powered models closer to its internal combustion offerings to attract cost-conscious buyers, reports said.
Although India’s luxury car segment accounts for only about 1% of total passenger vehicle sales, it remains a key growth area for global premium automakers, supported by a steadily expanding base of affluent consumers.
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