Pragati Warehousing is proud to announce two strategic land acquisitions that significantly enhance its development portfolio and reaffirm its commitment to India’s rapidly evolving logistics and industrial real estate market.
The company has acquired approximately 20 acres in Sanaswadi, Pune, and 40 acres in Nandagudi, Bengaluru. These acquisitions mark Pragati’s second investment in the Pune region and its first foray into Karnataka — a milestone in its journey to becoming a pan-India leader in logistics and industrial infrastructure.
These land banks will serve as the foundation for future-ready, Grade-A warehousing and industrial parks designed to meet the growing needs of India’s supply chain ecosystem.
Sanaswadi Acquisition Marks Pragati’s Second Asset in Pune
Sanaswadi, part of Pune’s thriving eastern industrial corridor, continues to attract interest as a hub for warehousing and light manufacturing. Its strategic location along Nagar Road offers seamless access to Pune city, Ranjangaon, and other high-demand micro-markets.
According to Savills India’s Year-End 2024 Pune Industrial & Logistics Market Watch, the city witnessed a 17.5% year-on-year increase in industrial and warehousing space absorption in 2024. This surge was primarily driven by the manufacturing sector, followed by 3PL and e-commerce.
Entering Bengaluru: Unlocking Karnataka’s Industrial Potential
Pragati is equally bullish on Bengaluru’s future as an industrial powerhouse. The newly acquired 40-acre parcel in Nandagudi, located in the city’s eastern corridor, offers excellent connectivity to NH 75, Hoskote, Malur, and key EV and electronics manufacturing clusters.
The Knight Frank India Industrial Report 2025 ranks Bengaluru among the top three cities in India for warehousing potential, reporting a 19% year-on-year increase in leasing activity in 2024.
“This acquisition is a strategic entry point into Karnataka — a high-potential market for us,” said Maneesh Jain, Chief Investment Officer, Pragati Warehousing. “We aim to replicate our NCR success here with client-centric, scalable solutions. All our developments are built to high base specifications with superior construction quality — ensuring long-term operational efficiency for clients across sectors.”
Driving India’s Warehousing Evolution
India’s logistics and industrial sector continues to grow in tandem with government initiatives like Gati Shakti and the National Logistics Policy. According to Cushman & Wakefield’s India Logistics Outlook 2025, Grade-A warehousing stock is projected to surpass 450 million sq. ft. by 2026, with Pune and Bengaluru among the fastest-growing contributors.
“With a combined investment of over ₹500 crore across Sanaswadi and Bengaluru, we’re focused on enabling growth,” said Chandraveer Singh, Chief Financial Officer, Pragati Warehousing. “These projects are expected to generate over 3,000 direct and indirect jobs, supporting the economic upliftment of both regions.”
What’s Next
Pragati has already initiated pre-development work at both sites, with construction expected to commence in Q3/Q4 2025. The upcoming developments will feature ESG-aligned designs, smart warehousing infrastructure, and client-first layouts — staying true to Pragati’s commitment to “Creating Space for Progress.”
