{"id":1410,"date":"2024-07-29T09:45:26","date_gmt":"2024-07-29T09:45:26","guid":{"rendered":"https:\/\/www.floortap.com\/resources\/?p=1410"},"modified":"2024-07-29T09:46:18","modified_gmt":"2024-07-29T09:46:18","slug":"mrf-secures-3-85-lakh-sq-ft-warehouse-in-punes-mawal-area","status":"publish","type":"post","link":"https:\/\/www.floortap.com\/resources\/mrf-secures-3-85-lakh-sq-ft-warehouse-in-punes-mawal-area\/","title":{"rendered":"MRF Secures 3.85 Lakh Sq. Ft Warehouse in Pune&#8217;s Mawal Area"},"content":{"rendered":"\n<p>Indian multinational tyre manufacturing company MRF has secured the lease of 3.85 lakh sq ft of large warehousing space in village Sudvadi, Mawal area of Pune district. With an initial monthly rent of approximately Rs 1.05 crore, the Chennai-based company has inked a lease with NDR Tradehouse.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Transaction Details<\/strong><\/h2>\n\n\n\n<p>The rental contract has a yearly escalation clause of 4.5% showing high demand for warehouse spaces in India&#8217;s growing logistics sector. According to documents from <a href=\"https:\/\/www.crematrix.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">CRE Matrix<\/a>, this deal was signed on 18 July for a first five-year period with an option to extend for another five years. A three-year lock-in time guarantees a minimum obligation from both sides. Also, MRF will pay Rs 3.85 lakh for common area upkeep and has given an advance security deposit of Rs 3.14 crore equal to three months&#8217; rent. This gives NDR Tradehouse financial security.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Provision for Expansion<\/strong><\/h2>\n\n\n\n<p>This lease agreement stands out because it lets MRF add 2 lakh square feet to its warehouse space within three years. MRF won&#8217;t have to stick to the lock-in clause if NDR Tradehouse can&#8217;t provide this extra space when required.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Growing Demand for Warehouse Leasing in India<\/strong><\/h2>\n\n\n\n<p>The leasing of warehouse facilities has seen a noticeable upsurge in India in recent years. This is largely because of the increasing popularity of e-commerce, the implementation of <a href=\"https:\/\/www.floortap.com\/resources\/gst-on-sale-of-commercial-property\/\">Goods and Service Taxes (GST)<\/a>, and the growing need for effective supply chain management. Major cities and emerging industrial clusters have seen a rise in the leasing of warehouse space as companies seek to enhance distribution networks and streamline operations.<br><\/p>\n\n\n\n<p><a href=\"https:\/\/www.floortap.com\/\">FloorTap<\/a> connects you with commercial real estate stakeholders for effective decision-making, regardless of your role as a broker, tenant, or landlord.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian multinational tyre manufacturing company MRF has secured the lease of 3.85 lakh sq ft of large warehousing space in village Sudvadi, Mawal area of Pune district. With an initial monthly rent of approximately Rs 1.05 crore, the Chennai-based company has inked a lease with NDR Tradehouse. Transaction Details The rental contract has a yearly [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1415,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_eb_attr":"","footnotes":""},"categories":[15],"tags":[99,114,23,115],"class_list":["post-1410","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-media","tag-commercial-properties","tag-pune","tag-warehouse","tag-warehouse-spaces"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>MRF Leases Warehouse Space in Pune<\/title>\n<meta name=\"description\" content=\"MRF leases 3.85 lakh sq ft warehouse in Pune&#039;s Mawal area. The agreement includes an expansion provision and highlights growth trends in India&#039;s warehousing sector.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.floortap.com\/resources\/mrf-secures-3-85-lakh-sq-ft-warehouse-in-punes-mawal-area\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MRF Leases Warehouse Space in Pune\" \/>\n<meta property=\"og:description\" content=\"MRF leases 3.85 lakh sq ft warehouse in Pune&#039;s Mawal area. The agreement includes an expansion provision and highlights growth trends in India&#039;s warehousing sector.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.floortap.com\/resources\/mrf-secures-3-85-lakh-sq-ft-warehouse-in-punes-mawal-area\/\" \/>\n<meta property=\"og:site_name\" content=\"FloorTap Resources\" \/>\n<meta property=\"article:published_time\" content=\"2024-07-29T09:45:26+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-07-29T09:46:18+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.floortap.com\/resources\/wp-content\/uploads\/2024\/07\/mrf-tyres-1.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1299\" \/>\n\t<meta property=\"og:image:height\" content=\"730\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.floortap.com\/resources\/mrf-secures-3-85-lakh-sq-ft-warehouse-in-punes-mawal-area\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.floortap.com\/resources\/mrf-secures-3-85-lakh-sq-ft-warehouse-in-punes-mawal-area\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\/\/www.floortap.com\/resources\/#\/schema\/person\/09d8fae28f91286f5886e2feecfb58a2\"},\"headline\":\"MRF Secures 3.85 Lakh Sq. Ft Warehouse in Pune&#8217;s Mawal Area\",\"datePublished\":\"2024-07-29T09:45:26+00:00\",\"dateModified\":\"2024-07-29T09:46:18+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.floortap.com\/resources\/mrf-secures-3-85-lakh-sq-ft-warehouse-in-punes-mawal-area\/\"},\"wordCount\":287,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.floortap.com\/resources\/#organization\"},\"keywords\":[\"commercial properties\",\"pune\",\"warehouse\",\"warehouse spaces\"],\"articleSection\":[\"Media\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.floortap.com\/resources\/mrf-secures-3-85-lakh-sq-ft-warehouse-in-punes-mawal-area\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.floortap.com\/resources\/mrf-secures-3-85-lakh-sq-ft-warehouse-in-punes-mawal-area\/\",\"url\":\"https:\/\/www.floortap.com\/resources\/mrf-secures-3-85-lakh-sq-ft-warehouse-in-punes-mawal-area\/\",\"name\":\"MRF Leases Warehouse Space in Pune\",\"isPartOf\":{\"@id\":\"https:\/\/www.floortap.com\/resources\/#website\"},\"datePublished\":\"2024-07-29T09:45:26+00:00\",\"dateModified\":\"2024-07-29T09:46:18+00:00\",\"description\":\"MRF leases 3.85 lakh sq ft warehouse in Pune's Mawal area. The agreement includes an expansion provision and highlights growth trends in India's warehousing sector.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.floortap.com\/resources\/mrf-secures-3-85-lakh-sq-ft-warehouse-in-punes-mawal-area\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.floortap.com\/resources\/mrf-secures-3-85-lakh-sq-ft-warehouse-in-punes-mawal-area\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.floortap.com\/resources\/mrf-secures-3-85-lakh-sq-ft-warehouse-in-punes-mawal-area\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.floortap.com\/resources\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"MRF Secures 3.85 Lakh Sq. Ft Warehouse in Pune&#8217;s Mawal Area\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.floortap.com\/resources\/#website\",\"url\":\"https:\/\/www.floortap.com\/resources\/\",\"name\":\"FloorTap Resources\",\"description\":\"Real Estate Articles, Property Market Updates, Insights\",\"publisher\":{\"@id\":\"https:\/\/www.floortap.com\/resources\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.floortap.com\/resources\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.floortap.com\/resources\/#organization\",\"name\":\"FloorTap Resources\",\"url\":\"https:\/\/www.floortap.com\/resources\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.floortap.com\/resources\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.floortap.com\/resources\/wp-content\/uploads\/2023\/11\/cropped-Floortap-FInal-Logo_FT-Logo-Horizontal_Colour-1.png\",\"contentUrl\":\"https:\/\/www.floortap.com\/resources\/wp-content\/uploads\/2023\/11\/cropped-Floortap-FInal-Logo_FT-Logo-Horizontal_Colour-1.png\",\"width\":2776,\"height\":943,\"caption\":\"FloorTap Resources\"},\"image\":{\"@id\":\"https:\/\/www.floortap.com\/resources\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.floortap.com\/resources\/#\/schema\/person\/09d8fae28f91286f5886e2feecfb58a2\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.floortap.com\/resources\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/30d29d668e232943b9ab4325fe687de2dcef515c7a1b9e55553f8f18b6e372cf?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/30d29d668e232943b9ab4325fe687de2dcef515c7a1b9e55553f8f18b6e372cf?s=96&d=mm&r=g\",\"caption\":\"admin\"},\"sameAs\":[\"http:\/\/blog.floortap.com\/blog\"],\"url\":\"https:\/\/www.floortap.com\/resources\/author\/admin\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"MRF Leases Warehouse Space in Pune","description":"MRF leases 3.85 lakh sq ft warehouse in Pune's Mawal area. The agreement includes an expansion provision and highlights growth trends in India's warehousing sector.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.floortap.com\/resources\/mrf-secures-3-85-lakh-sq-ft-warehouse-in-punes-mawal-area\/","og_locale":"en_US","og_type":"article","og_title":"MRF Leases Warehouse Space in Pune","og_description":"MRF leases 3.85 lakh sq ft warehouse in Pune's Mawal area. The agreement includes an expansion provision and highlights growth trends in India's warehousing sector.","og_url":"https:\/\/www.floortap.com\/resources\/mrf-secures-3-85-lakh-sq-ft-warehouse-in-punes-mawal-area\/","og_site_name":"FloorTap Resources","article_published_time":"2024-07-29T09:45:26+00:00","article_modified_time":"2024-07-29T09:46:18+00:00","og_image":[{"width":1299,"height":730,"url":"https:\/\/www.floortap.com\/resources\/wp-content\/uploads\/2024\/07\/mrf-tyres-1.png","type":"image\/png"}],"author":"admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.floortap.com\/resources\/mrf-secures-3-85-lakh-sq-ft-warehouse-in-punes-mawal-area\/#article","isPartOf":{"@id":"https:\/\/www.floortap.com\/resources\/mrf-secures-3-85-lakh-sq-ft-warehouse-in-punes-mawal-area\/"},"author":{"name":"admin","@id":"https:\/\/www.floortap.com\/resources\/#\/schema\/person\/09d8fae28f91286f5886e2feecfb58a2"},"headline":"MRF Secures 3.85 Lakh Sq. Ft Warehouse in Pune&#8217;s Mawal Area","datePublished":"2024-07-29T09:45:26+00:00","dateModified":"2024-07-29T09:46:18+00:00","mainEntityOfPage":{"@id":"https:\/\/www.floortap.com\/resources\/mrf-secures-3-85-lakh-sq-ft-warehouse-in-punes-mawal-area\/"},"wordCount":287,"commentCount":0,"publisher":{"@id":"https:\/\/www.floortap.com\/resources\/#organization"},"keywords":["commercial properties","pune","warehouse","warehouse spaces"],"articleSection":["Media"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.floortap.com\/resources\/mrf-secures-3-85-lakh-sq-ft-warehouse-in-punes-mawal-area\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.floortap.com\/resources\/mrf-secures-3-85-lakh-sq-ft-warehouse-in-punes-mawal-area\/","url":"https:\/\/www.floortap.com\/resources\/mrf-secures-3-85-lakh-sq-ft-warehouse-in-punes-mawal-area\/","name":"MRF Leases Warehouse Space in Pune","isPartOf":{"@id":"https:\/\/www.floortap.com\/resources\/#website"},"datePublished":"2024-07-29T09:45:26+00:00","dateModified":"2024-07-29T09:46:18+00:00","description":"MRF leases 3.85 lakh sq ft warehouse in Pune's Mawal area. The agreement includes an expansion provision and highlights growth trends in India's warehousing sector.","breadcrumb":{"@id":"https:\/\/www.floortap.com\/resources\/mrf-secures-3-85-lakh-sq-ft-warehouse-in-punes-mawal-area\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.floortap.com\/resources\/mrf-secures-3-85-lakh-sq-ft-warehouse-in-punes-mawal-area\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.floortap.com\/resources\/mrf-secures-3-85-lakh-sq-ft-warehouse-in-punes-mawal-area\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.floortap.com\/resources\/"},{"@type":"ListItem","position":2,"name":"MRF Secures 3.85 Lakh Sq. Ft Warehouse in Pune&#8217;s Mawal Area"}]},{"@type":"WebSite","@id":"https:\/\/www.floortap.com\/resources\/#website","url":"https:\/\/www.floortap.com\/resources\/","name":"FloorTap Resources","description":"Real Estate Articles, Property Market Updates, Insights","publisher":{"@id":"https:\/\/www.floortap.com\/resources\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.floortap.com\/resources\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.floortap.com\/resources\/#organization","name":"FloorTap Resources","url":"https:\/\/www.floortap.com\/resources\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.floortap.com\/resources\/#\/schema\/logo\/image\/","url":"https:\/\/www.floortap.com\/resources\/wp-content\/uploads\/2023\/11\/cropped-Floortap-FInal-Logo_FT-Logo-Horizontal_Colour-1.png","contentUrl":"https:\/\/www.floortap.com\/resources\/wp-content\/uploads\/2023\/11\/cropped-Floortap-FInal-Logo_FT-Logo-Horizontal_Colour-1.png","width":2776,"height":943,"caption":"FloorTap Resources"},"image":{"@id":"https:\/\/www.floortap.com\/resources\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/www.floortap.com\/resources\/#\/schema\/person\/09d8fae28f91286f5886e2feecfb58a2","name":"admin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.floortap.com\/resources\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/30d29d668e232943b9ab4325fe687de2dcef515c7a1b9e55553f8f18b6e372cf?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/30d29d668e232943b9ab4325fe687de2dcef515c7a1b9e55553f8f18b6e372cf?s=96&d=mm&r=g","caption":"admin"},"sameAs":["http:\/\/blog.floortap.com\/blog"],"url":"https:\/\/www.floortap.com\/resources\/author\/admin\/"}]}},"_links":{"self":[{"href":"https:\/\/www.floortap.com\/resources\/wp-json\/wp\/v2\/posts\/1410","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.floortap.com\/resources\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.floortap.com\/resources\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.floortap.com\/resources\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.floortap.com\/resources\/wp-json\/wp\/v2\/comments?post=1410"}],"version-history":[{"count":4,"href":"https:\/\/www.floortap.com\/resources\/wp-json\/wp\/v2\/posts\/1410\/revisions"}],"predecessor-version":[{"id":1417,"href":"https:\/\/www.floortap.com\/resources\/wp-json\/wp\/v2\/posts\/1410\/revisions\/1417"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.floortap.com\/resources\/wp-json\/wp\/v2\/media\/1415"}],"wp:attachment":[{"href":"https:\/\/www.floortap.com\/resources\/wp-json\/wp\/v2\/media?parent=1410"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.floortap.com\/resources\/wp-json\/wp\/v2\/categories?post=1410"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.floortap.com\/resources\/wp-json\/wp\/v2\/tags?post=1410"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}