India, April 11 -- 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 Rs.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 agree...
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