Amazon Seller Services leases over 4.17 lakh sq ft warehouse in Bhiwandi near Mumbai
Amazon India has taken a warehousing facility in Bhiwandi through a long-term lease, set for nine years beginning June 2026. The financial commitment involves a monthly rent exceeding Rs 1.27 crore. This strategic move highlights Amazon's commitme...
The agreement is for a nine-year tenure, with the lease commencing on June 11, 2026, while rent payments will begin from October 11 after a rent-free fit-out period of about four months.
Amazon will pay a monthly rent of Rs 1.27 crore, or more than Rs 15.2 crore annually. Based on the agreed terms, the cumulative rental commitment over the lease tenure is estimated to exceed Rs 170 crore, excluding common area maintenance (CAM) charges and statutory levies. The agreement also provides for CAM charges of Rs 2 per sq ft per month.
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Amazon Seller Services has paid a security deposit of Rs 3.8 crore for the transaction that was registered on June 29, showed the documents accessed through CRE Matrix, a realty data analytics platform.
The company has leased the space in Village Dohale and Village Bokhari in Thane district from Ecobox Industrials Asset V.
The latest transaction adds to a series of large warehousing deals by Amazon Seller Services across India as it continues to expand its fulfilment and distribution network.
In May, the company sub-leased nearly 2.78 lakh sq ft of warehousing space in Bengaluru’s Nelamangala micro-market for nine years. Last year, it signed a 20-year lease for about 5.6 lakh sq ft at a fulfilment centre in Hooghly, West Bengal, and also secured around 6 lakh sq ft at Oswal Logistics Park near Kolkata to strengthen its presence in eastern India.
ET’s email query to Amazon and Ecobox remained unanswered until the time of going to press.
Bhiwandi has emerged as one of India’s largest warehousing and logistics markets, attracting occupiers across e-commerce, third-party logistics, retail and manufacturing sectors due to its proximity to Mumbai, the Jawaharlal Nehru Port and key highway corridors.
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Demand for Grade A logistics assets has remained buoyant, with occupiers increasingly opting for modern facilities through long-term leases to improve distribution efficiency and support future growth.
India’s logistics market is rapidly evolving into a scale-driven, institutional asset class, underpinned by strong consumption growth and supply chain formalisation.
As demand from e-commerce, third-party logistics, FMCG and manufacturing continues to expand across key urban corridors, developers are increasingly focusing on grade A, occupier-ready assets with standardised infrastructure and operations.
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