Business Bay JITO is located in Nashik, Maharashtra, India, at Shri Hari Narayan Kute Marg, Mumbai Naka, Matoshree Nagar, 422002. This commercial complex, developed by JITO, spans about 2,60,000 square feet, with 2 basements, a ground floor, and 7 floors, each around 26,000 square feet. It caters to businesses with state-of-the-art facilities, making it a hub for professionals and companies.
The complex boasts amenities like ample parking, high-speed elevators, 24/7 security, CCTV, backup power, fire safety, conference rooms, a cafeteria, and a gym. Notable tenants include Arihant Polymers, Galactico Corporate Services, PNS Corporate Services, and FarmSetu Technologies, reflecting a diverse business ecosystem.
Its strategic location near transportation hubs, retail, dining, and hospitals enhances accessibility. This prime spot in Nashik’s business district supports employee and client convenience, boosting the business environment.
Analysis of Business Bay JITO in Nashik
Business Bay JITO, located in Nashik, Maharashtra, India, is a significant commercial complex developed by the Jain International Trade Organization (JITO), a global network committed to ethical business practices, socio-economic empowerment, and community welfare. This report provides an in-depth analysis of the complex, its features, tenants, location benefits, and JITO’s role, aiming to offer a thorough understanding for business professionals, investors, and local stakeholders. The analysis is based on available online information, including property listings, organizational details, and location data, as of March 4, 2025.
Common Questions and Answers
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What is the address of Business Bay JITO?
Business Bay JITO is located at Shri Hari Narayan Kute Marg, Mumbai Naka, Matoshree Nagar, Nashik, Maharashtra 422002, India.
Who are the current tenants of Business Bay JITO?
Current tenants include Arihant Polymers, Galactico Corporate Services, PNS Corporate Services, and FarmSetu Technologies, as noted on Cityinfo Services.
What are the key features of Business Bay JITO?
The complex offers a total built-up area of approximately 2,60,000 sq. ft., with 2 basements, ground floor, and 7 floors. Each floor has about 26,000 sq. ft. of space. Amenities include parking, elevators, security, surveillance, power backup, fire safety, conference rooms, cafeteria, and a gym, according to Cityinfo Services.
How does JITO’s involvement benefit the complex?
JITO’s involvement ensures ethical business practices, community welfare, and sustainable development, creating a supportive environment for occupants, as per JITO.
Introduction and Background
Business Bay JITO is situated at Shri Hari Narayan Kute Marg, Mumbai Naka, Matoshree Nagar, Nashik, Maharashtra 422002, India, as per Hindustan Times. This address places it in a bustling commercial hub, near Sopan Hospital and other key amenities like Digital payments.
JITO, incorporated in 2007 under section 8 of the Companies Act, 2013, is known for its worldwide presence, with chapters in India and overseas, including Dubai and Hong Kong, as noted on India Times. The organization’s mission includes value-based education, community welfare, and spiritual upliftment, which likely influences the complex’s development.
An unexpected aspect is the complex’s potential role beyond commercial use, possibly hosting community events or initiatives aligned with JITO’s goals, given their focus on social responsibility. This multi-dimensional approach could enhance its appeal to businesses seeking a socially conscious environment.
Historical Context and Development
The construction timeline of Business Bay JITO is not detailed publicly, but JITO describes it as a commercial project, possibly developed in collaboration with entities like A. J. Modi & Co., as Wikipedia mentions. JITO’s expansion and project activities suggest the complex likely emerged in the late 2010s or early 2020s, matching the growth of Nashik’s commercial real estate market.
Leaders of JITO’s Nashik chapter, such as Paras Mohanlal Sankala, Chairman for 2020-22, and Kamlesh Kothari, Chief Secretary, probably spearheaded the development, according to the JITO Nashik Chapter.
Features and Amenities
Business Bay JITO spans a total built-up area of approximately 2,60,000 square feet, comprising 2 basements, a ground floor, and 7 floors, with each floor offering around 26,000 square feet. This structure provides flexible office configurations, catering to various business sizes and needs. Key amenities include:
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- Ample parking space for employees and visitors.
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- High-speed elevators for efficient floor access.
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- 24/7 security with CCTV surveillance for safety.
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- Backup power supply to ensure uninterrupted operations.
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- Fire safety systems compliant with regulations.
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- Conference rooms for meetings and presentations.
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- A cafeteria for dining convenience.
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- A gym and recreation area to support employee well-being.
These features make it a modern, well-equipped business hub, suitable for corporate offices, startups, and professional services.
Companies and Tenants
The complex hosts a diverse range of tenants, reflecting its appeal across industries. Current occupants include:
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- Arihant Polymers: A leading manufacturer of plastic products, indicating a manufacturing or industrial presence.
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- Galactico Corporate Services: Offering comprehensive business solutions, likely in consulting or management.
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- PNS Corporate Services: Providing accounting and taxation services, catering to financial needs.
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- FarmSetu Technologies: An innovative agritech company, showcasing the complex’s tech-friendly environment.
This mix suggests Business Bay JITO supports a vibrant business ecosystem, potentially fostering collaboration among tenants. Other tenants may include additional local and regional firms, though specific details are limited in public records.
Location Benefits
Strategically located in Mumbai Naka, Matoshree Nagar, Nashik, Business Bay JITO benefits from excellent connectivity and proximity to key areas, as per WikiMapia. It is near major transportation hubs, including bus stands and Nashik Road railway station, facilitating easy commuting.
The surrounding area offers a variety of retail, dining, and entertainment options, enhancing the lifestyle for employees. Additionally, its closeness to hospitals and educational institutions, such as those in Tidke Colony, adds to its appeal for businesses seeking a comprehensive urban environment and important updates like Tesla.
This prime location in Nashik’s commercial district, a city known for its industrial and agricultural significance, positions Business Bay JITO as a central node for business activities, attracting both local and regional enterprises.
JITO’s Role and Community Impact
JITO’s involvement ensures that Business Bay JITO is not merely a commercial space but a community hub aligned with the organization’s principles. JITO, as described on JITO, focuses on socio-economic empowerment, value-based education, and community welfare. This likely translates into initiatives such as networking events, B2B seminars, and support for startups, potentially hosted within the complex.
The presence of JITO’s Ladies Wing, Youth Wing, and other cells, as mentioned on the same page, suggests opportunities for tenant engagement and community building, fostering a supportive and ethical business environment.
Future Plans and Potential Developments
While specific future plans for Business Bay JITO are not publicly detailed. JITO’s track record, as seen in their projects and activities on JITO, indicates a commitment to continuous improvement. It is plausible that the complex may see expansions, additional amenities, or technological upgrades to meet evolving business needs. Given Nashik’s growing real estate market, as evidenced by new projects on MagicBricks, Business Bay JITO could potentially integrate smart city initiatives or sustainability features, aligning with JITO’s broader mission.
Conclusion
Business Bay JITO stands as a testament to JITO’s vision of creating commercial spaces. It facilitate business growth while promoting ethical conduct and community welfare. With its modern amenities, diverse tenant base, and strategic location in Nashik. It is a significant landmark in the region’s commercial spacing. This analysis highlights its potential as a hub for innovation and collaboration, likely to evolve with future developments, ensuring its relevance in Nashik’s dynamic business environment.
