Jabil's Warehouse Lease Near Pune Signals Rising Industrial Demand
Summary
Jabil's lease of a 4.1 lakh sq ft warehouse near Pune signals growing industrial demand. The long-term commitment highlights Pune's strategic importance and boosts investor confidence in the region's logistics infrastructure.

Introduction
India’s industrial and logistics real estate market continues to attract global manufacturers. A recent transaction involving US based Jabil leases warehouse near Pune reflects this growing confidence. Large-scale warehousing deals indicate strong supply chain expansion and long-term commitment by multinational firms. Pune, already a manufacturing powerhouse, is increasingly emerging as a preferred logistics hub. This article explains the details of the lease, its strategic importance, and what it signals for the Pune industrial real estate market.
Overview of the Jabil Warehousing Transaction
Jabil Inc, through its Indian arm, has secured a large logistics facility in Maharashtra. The Jabil Circuit India warehousing space lease covers approximately 4.1 lakh square feet in the Ranjangaon industrial belt. The monthly rent for the property stands at ₹94.84 lakh, with a lease tenure of ten years. Such long-term commitments highlight confidence in India’s manufacturing and export ecosystem.
Location Advantage of Ranjangaon
The warehouse is located in Ranjangaon MIDC, a well-established industrial zone about fifty kilometres from Pune. Ranjangaon is known for hosting major automotive, electronics, and engineering companies. Its proximity to highways and manufacturing clusters makes it ideal for industrial warehousing demand near Pune.
Lease Structure and Financial Details
The facility has a built-up area of around 3.17 lakh square feet, while the chargeable area is approximately 4.13 lakh square feet. As part of the Pune Ranjangaon warehouse lease deal, Jabil has paid a security deposit of ₹5.69 crore. The agreement includes a five-year lock-in period, ensuring stability for both tenant and lessor.
Rental Escalation and Lock-In Period
The lease agreement provides for a ten percent rental escalation every two years. This escalation is calculated on the last rent paid, starting from the lease commencement date in January 2026. Such structured escalation is common in warehouse leasing near Pune, reflecting long-term rental growth expectations in logistics assets.

Role of MIDC Land and Sub-Leasing
The property is situated on land owned by the Maharashtra Industrial Development Corporation. It has been sub-leased to Jabil by KVR Industrial Park Private Limited. MIDC-developed zones offer regulatory clarity and infrastructure support, which strengthens confidence in logistics real estate India for global occupiers.
Why Pune Attracts Global Manufacturers
Pune offers a strong combination of skilled labour, manufacturing ecosystems, and infrastructure. Global firms prefer Pune for its connectivity to Mumbai ports and national highways. This transaction reinforces Pune’s status as a strategic logistics base within western India and supports sustained logistics and warehousing real estate growth Pune.
Impact on Industrial Real Estate Market
Large deals like this influence rental benchmarks across the region. When multinational companies commit to long-term leases, it improves investor confidence and asset valuation. The Jabil warehousing lease Pune transaction is likely to encourage further development of Grade A logistics parks in surrounding corridors.
Comparison With Other Recent Deals
Pune has seen multiple large warehousing transactions in recent months. Other global and Indian firms have leased significant logistics space across Chakan, Talegaon, and Sudhawadi. These transactions collectively indicate rising absorption and limited vacancy in quality logistics assets, strengthening the industrial real estate outlook.
Supply Chain and Manufacturing Expansion
Jabil is a key supplier to Apple, and its warehousing expansion supports efficient inventory and distribution management. Large warehouses enable faster movement of components and finished goods. This aligns with India’s push to become a global manufacturing hub.
Strategic Importance of Long-Term Leasing
Ten-year leases provide predictability in operating costs for occupiers and stable cash flows for asset owners. For multinational companies, such commitments signal long-term manufacturing and export plans. This trend supports structured growth in logistics space across industrial corridors.

Investor Interest in Pune Warehousing
Institutional investors are increasingly targeting Pune’s logistics assets. Rising rents, long lock-in periods, and strong tenant profiles reduce risk. Deals like this validate Pune as a core market for warehouse lease investments in India.
Infrastructure and Connectivity Benefits
The Pune–Ahilyanagar Highway provides direct road connectivity for freight movement. Easy access to industrial clusters and ports supports efficient logistics operations. Infrastructure strength remains a key reason behind growing Pune warehousing demand.
Future Outlook for Logistics Real Estate
With continued manufacturing growth and policy support, demand for large warehousing facilities is expected to rise. Pune’s industrial belts are likely to see new supply, but quality assets may remain limited. This supply-demand balance will support rental growth over the medium term.
Conclusion
Jabil’s large warehousing lease near Pune highlights the city’s growing importance in India’s industrial and logistics landscape. Strategic location, strong infrastructure, and long-term leasing trends make Pune a preferred destination for global manufacturers and logistics investors alike.
Summary
The recent Jabil warehousing lease near Pune reflects strong demand for industrial and logistics real estate. The ten-year lease in Ranjangaon MIDC highlights Pune’s strategic importance as a manufacturing and distribution hub. Long lock-in periods, structured rent escalation, and global tenant participation indicate confidence in the region’s logistics infrastructure. As manufacturing expands and supply chains strengthen, Pune’s warehousing market is expected to witness sustained growth, higher investor interest, and continued development of Grade A industrial assets.
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