Takawale and Chanda added 126 runs for the seventh wicket after Tripura were left tottering at 117 for six at the Maharashtra Cricket Association Stadium.
Takawale was batting on 105 made off 181 balls with the help of 10 fours and three sixes while Chanda contributed 43 useful runs with seven hits to the fence.
More importantly, the 38-year-old Chanda hung around for 93 balls which also gave Takawale a chance to plan his innings and provide some semblance of repectability to the score.
Tripura had their tails up with two new batsmen at the crease in the form of Takawale and Chanda. What followed was an attractive display of counter-attack from both the players who scored runs patiently, stitching together a hundred-plus partnership.
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Chanda was trapped leg before by medium pacer Shrikant Mundhe in the 83rd over of the innings.
Rana Dutta (8) was at the crease with Takawale when the stumps were drawn for the day.
Earlier, sent in to bat after Maharashtra won the toss, Tripura kept on losing wickets at regular intervals.
Abhijit Dey then joined Subhrajit Roy at the crease and the two took the score beyond fifty. Akshay Darekar then struck for Maharashtra as he had Roy caught behind for 23.
Mundhe, who was brought back into the attack for his second spell, justified his captain's decision with the wicket of Tripura skipper Abbas Ali (12) while spinner Akshay Darekar further compounded the misery for the visitors when he had Nirupam Sen Chowdhary out for nought.
Dey, who was helplessly watching wickets fell at the other end, ran out of patience and was caught and bowled by pacer Samad Fallah for 23.