Chakan is a town near Pune, and it is fast becoming one of the most active real estate hubs in Maharashtra. A once peaceful semi-rural region has turned into a major industrial and infrastructure center. The demand of commercial and residential properties is experiencing a strong, steady growth due to this change.
Chakan lies on the Pune-Nashik Highway and is included in the Pune Metropolitan Region (PMR). It has become a popular real estate destination due to its strategic location, good connectivity, and rapid industrialization among the real estate investors, developers, and home buyers.
Strategic Location Boosts Chakan’s Growth
One of the greatest strengths of Chakan has been its location. It is located at a strategic point between Pune, Mumbai, and Nashik. It is also near major ports and airports, which gives it good logistics access. This has drawn a very long list of automotive, logistics, warehousing, and manufacturing companies.
Maharashtra Industrial Development Corporation (MIDC) has been significant in developing this region. The establishment of the Chakan MIDC zone led to a flood of industrial projects. Chakan MIDC alone is home to over 750 companies, including manufacturing, automotive, logistics, and engineering leaders like Volkswagen, Mercedes-Benz, Bajaj Auto, Hyundai, Bosch, GE, Atlas Copco, and more. There are hundreds of fresh openings every month, and the multiplier effect of ancillary businesses pushes total employment in Chakan into tens of thousands. This surge in industrial activity is directly fueling the demand for land, residential housing, and commercial spaces. As of mid-2025, average property prices in Chakan ranged between ₹4,047 and ₹4,280 per sq ft, reflecting a year-on-year growth of 7.5%. Rates across various localities vary from ₹200 to ₹7,142 per sq ft. Commercial shop and office units, typically ranging from 170 to 230 sq ft, are priced between ₹20–35 lakh, with strong demand and consistent appreciation.
Source: Housing.com
Commercial Real Estate Demand Is Climbing Fast
The commercial property market in Chakan is experiencing a boom. However, this is not speculative growth; it is growth on the basis of real business. Firms are establishing factories, warehouses, and logistics centers, which require tailor-made spaces. Developers have now started constructing commercial units that can accommodate various industrial requirements, such as small manufacturing units, storage, and logistics facilities.
The cookie-cutter method is gone. Every commercial real estate is being planned with a purpose. The entry of more companies increases the demand for such properties. The outcome is a healthy market with steady prices and minimal chances of oversupply.
Investors have not been left behind. They have realized that commercial plots in Chakan are good investments. These are not hypothetical transactions; they are pegged to operating businesses. Commercial real estate in Chakan is likely to remain on a robust upward trend with a consistent flow of industrial projects.
Dwarka Business Square Launch: Chakan Gets a New Commercial Anchor
Chakan’s demand for structured commercial real estate is finally being met with the upcoming Dwarka Business Square (Dwarka Business Square) by Naiknavare Developers. Located in Mahalunge-Chakan, Dwarka Business Square is adjacent to a well-planned 65-acre integrated township and is designed to cater to the rising need for smart office spaces, retail outlets, and business-ready infrastructure. It brings high-end amenities, strategic positioning, and meticulously planned layouts, considering the needs of businesses looking to operate in one of India’s fastest-growing industrial zones
Here’s what makes Dwarka Business Square a landmark opportunity for both investors and enterprises:
Project Overview
- Location: Mahalunge, Chakan – Pune’s emerging growth belt
- Type: G+7 Premium Commercial Tower featuring Offices and Retail Spaces.
Commercial Unit Details
- Designed for flexible customisation based on use case
Targeted Footfall
- 3,500+ families already residing in the township
- 15,000+ residents within a 1 km radius
- Total population in the catchment area: approx. 3 lakh.
The Need for Commercial Spaces such as Dwarka Business Square
As the number of businesses in Chakan has been growing at a very high rate, there is an urgent need to have organised commercial areas. The companies that establish factories, logistics centres, and assembly units need not only industrial sheds but also office backends, HR cabins, client-facing zones, and training centres. These high-performance enterprises can no longer be satisfied with informal commercial arrangements.
Current Market Gap:
- Area surrounding the township features unorganized retail setups – roadside shops and vendors typical of Indian suburban developments
- Existing retail lacks modern amenities and professional infrastructure
- No organized commercial spaces are available for businesses seeking professional environments
Dwarka Business Square Solution:
- Introduces Grade-A commercial infrastructure into industrial environment
- Provides mall-like amenities: proper parking facilities, clean washrooms, air conditioning, professional maintenance
- Closes the gap between industrial activities and corporate-level demands
- Offers superior alternative to existing unorganized retail market
Housing Market Grows Alongside Industry
The residential real estate in Chakan has been less noisy, but no less important. With the increase in industries, the workforce also increases and these people require places to stay.
The housing needs in Chakan cut across the income bracket. Factory workers, office employees, managers, and even executives are increasingly interested in residing near the place of work. Consequently, the housing market has been diversified.
Developers are constructing everything, including low-cost housing, mid-range apartments, and even some luxury apartments. Younger families prefer 1BHK and 2BHK flats, which are small. The mid-sized apartments are targeting the professionals, and there is a niche market of bigger houses with modern facilities.
This tiered housing demand is reflective of how Pune city has expanded in the last 20 years. Similar to Pune, Chakan is gradually becoming a complete urban society.
Lifestyle Infrastructure Is Expanding
For a long time, Chakan was seen as purely industrial. But that’s changing. Today, the area is starting to offer the everyday amenities that make a place livable.
New schools, clinics, retail outlets, and grocery stores have started appearing across the area. Pharmacies and small businesses are doing well. This has encouraged families to consider settling here permanently.
Developers have responded by adding lifestyle features to their projects. Housing societies now come with parking, green spaces, security, and often clubhouses and fitness areas. This was rare in industrial zones until recently.
As the gap between work zones and living spaces narrows, Chakan is turning into more than an industrial site. It’s becoming a community.
Infrastructure Improvements Strengthen the Market
Good infrastructure planning also favors the development of Chakan. The local and state governments have upgraded the major roads, especially the Chakan-Talegaon stretch. This helps in the transportation of thousands of commuters on a daily basis.
Public transport is still lacking, but it is planned to be improved. The local government is attempting to enhance the bus services and road connectivity. Basic facilities like water and electricity have been extended to factories as well as housing.
Increased investment in the infrastructure is also experienced. The logistics companies are also building new automated, secure, and power-backed-up warehouses. These improvements attract more businesses, and this also boosts the demand for real estate. It is a self-reinforcing process.
Social Infrastructure and Footfall Drivers: What’s Fueling Demand
The development of major infrastructure is defining the conversion of Chakan as an industrial location into a complete urban settlement. The availability of schools such as Dwarka CBSE, hospitals such as Mahalunge and Unicare, and the availability of the Pune-Nashik Highway within 20 minutes have made life easier on a daily basis. The footfall will further be increased by the proposed enhancement of the public transport and expansion of the Talegaon Railway Station. Such improvements are not only beneficial to residents but also to local businesses, including pharmacies, cafés, and mobile service shops.
Land Prices Rising in a Stable Pattern
Unlike some fast-growing regions that experience sharp spikes and dips in prices, Chakan’s land prices have risen steadily over the past 10 years. This stability has made it a trustworthy market for investors.
Property rates in Chakan are linked to real, on-ground development. Factories are operating. Employees are renting or buying homes. Roads are working. These are all solid indicators—not driven by hype.
Even during market slowdowns, Chakan has not seen major price falls. It moves in sync with industrial health, making it more stable than some other real estate hotspots around Pune.
What Lies Ahead for Chakan
The future looks promising for Chakan. More companies are planning to enter the area. And they’re not just setting up factories. Offices, research centres, training facilities, and corporate spaces are part of the next phase of growth.
This will increase the demand for both commercial and residential real estate. New employees will move in, and they’ll bring their families. That means more schools, clinics, retail outlets, and entertainment spaces will be needed.
Chakan will grow outwards at first, with more land being used. After that, vertical growth will follow—multi-storey apartments, office complexes, shopping centres, and even cafés. Over time, it may follow a growth path similar to Pune’s, which is just a few decades behind.
A Market Built for Long-Term Investors
Chakan is not the place for quick profits. It’s a market suited for long-term investment. Property buyers—whether individuals or businesses—can expect steady value appreciation over the next 3 to 7 years.
This is because the growth is based on actual economic activity, not speculation. Industries are expanding. Jobs are increasing. Infrastructure is improving. These are strong fundamentals that make the market sustainable.
Smart investors are entering now, before the next big wave of infrastructure upgrades is completed. Once rail and road connectivity improve further, prices are expected to rise again.
Market Indicators Show Strong Momentum
Several key indicators show that Chakan’s real estate market is on solid footing:
- Commercial units are being rented quickly
- Residential project bookings have increased in Q2 and Q3
- Land for Phase II of the industrial zone is being acquired
- Demand for worker housing has exceeded last year’s figures
- Infrastructure projects are progressing on time
These trends are not marketing claims—they are data points that developers and investors are watching closely. The gap between current demand and supply is wide. That’s a clear signal that there’s still room for growth.
Projects Reflecting the Region’s Growth
Some major projects showcase the changing face of Chakan and its surroundings:
Dwarka Township – Chakan-Talegaon Road
Spread across 65+ acres along the Chakan-Talegaon Road, Dwarka Township by Naiknavare Developers is a blueprint for integrated urban living. With over 2500 families already residing, the project is built on the principle of inclusivity, offering 6000+ flats across 10 phases. It features a CBSE school, hospital, hotel, and even a forest zone, making it more than just a housing society.
Proximity to MIDC hubs, Talawade IT Park, and educational institutions like Poddar School and Siddhant College make it a strategic residential node for professionals and factory employees alike. Green infrastructure, rainwater harvesting, and recycled water systems also make Dwarka a sustainable housing solution aligned with Chakan’s future growth.
Conclusion: Chakan Is Ready for the Next Stage
As Chakan rapidly urbanises, even small and mid-sized businesses—from local grocers and pharmacists to mobile stores and service providers—are shifting toward formal, well-regulated commercial setups. Today’s customers expect professionally run, accessible premises that comply with safety and zoning regulations. This formalisation isn’t just a trend—it’s becoming a necessity to stay relevant and competitive in a maturing market.
Growth Potential for Commercial Enterprises
The growing residential population and proximity to one of Maharashtra’s largest industrial workforces are fueling a sustained demand for retail, repair shops, F&B outlets, and essential service providers. Commercial hubs like Dwarka Business Square are helping businesses meet this demand efficiently, offering standardised infrastructure, high visibility, and scalability to grow alongside the region.
For long-term investors looking for solid, grounded opportunities where growth is based on real demand Chakan is a smart choice. With backing from both government infrastructure and private industry, the area is well on its way to becoming one of Maharashtra’s most important real estate markets.
Naiknavare Developers is one of the companies leading this transformation, continuing to build in places like Chakan, where opportunity meets planning.