Pune

Mindspace Business Parks REIT has announced the acquisition of prime office properties in Mumbai and Pune, underscoring its strategic growth in India’s commercial real estate sector. The deal reflects the REIT’s focus on high-quality, income-generating assets in key urban hubs, aimed at enhancing rental yields and portfolio diversification. Market analysts note that these acquisitions align with growing demand for flexible office spaces and premium commercial real estate, driven by corporate expansion and urbanization.

Pune-based technology-driven auto component manufacturer Sedemac Mechatronics Ltd has filed draft papers with the Securities and Exchange Board of India (SEBI) to launch an initial public offering (IPO) estimated to raise around ₹800–1,000 crore. The company, which designs and manufactures advanced control systems for both internal combustion (IC) and electric vehicles (EVs), aims to use the proceeds to expand operations, reduce debt, and strengthen its research and development capabilities.

The Maharashtra Industrial Development Corporation (MIDC) has granted SAMHI Hotels (Pune) Pvt. Ltd. an extension to complete its ongoing hospitality project in Hinjawadi, Pune, allowing the company more time to meet development milestones. The decision comes amid renewed investor confidence in India’s hospitality sector, which has seen strong post-pandemic recovery and robust demand for branded accommodations in technology hubs.

Global power management company Eaton has inaugurated a new Supply Chain Center in Pune, underscoring its commitment to strengthening operational efficiency and supporting global logistics. The facility is designed to enhance visibility, agility, and resilience across Eaton’s supply chain network while leveraging advanced analytics and automation. The center will play a pivotal role in integrating regional operations with Eaton’s global distribution framework, enabling faster decision-making and better resource management.

Apple has officially opened its first retail store in Pune, underscoring the company’s commitment to deepening its presence in India, a market increasingly central to its global strategy. Following successful launches in Mumbai and Delhi, the Pune store marks Apple’s third official outlet in the country and its first in western India.

The Indian Hotels Company Ltd. (IHCL), India’s leading hospitality group, has inaugurated a new 180-key hotel under its Gateway brand in Pune, Maharashtra. Strategically located in the heart of the city’s IT and industrial belt, the hotel is positioned to serve both business and leisure travelers. This addition underscores IHCL’s continued expansion in western India and its broader goal of strengthening presence across key urban growth corridors.