Pune : Horizon Industrial Park invests 1000 crores in Chakan

Black Stone Real Estate Fund, the owner of Horizon Industrial Park, has invested one thousand crores in Chakan. After the park opens, the business plans to establish an industrial and logistics park near Chakan, generating about 4000 employment opportunities.

The proposed park will cover an area of 100 acres. As Mumbai and Chakan are connected via a motorway, Chakan thus makes the perfect site for an industrial and logistics park. Previously, the business established a 52-acre industrial and logistics complex in Chakan. Currently, it is home to businesses from a variety of industries.

Black Stone’s Urvish Rambhya stated, “Bhoomipujan has been completed for another park in Chakan.” Our goal is to provide first-rate logistics facilities in key areas. Modern warehouse facilities are in high demand in India due to the country’s growing industrial sector and e-commerce usage. Across the nation, Horizon Industrial Park operates 24 industrial and logistics parks (including Horizon Industrial Park Chakan) on more than 1700 acres of land.

In Talegaon, it also runs a 10 lakh square foot facility. At the state level, the company operates parks in the Mumbai Metropolitan Region (MMR), Nagpur, and Nashik. In the next three years, the company wants to build 10 crore square feet of logistical space, emphasizing tier-2 cities.