HomeLatestZomato Hyperpure Rents 5.5 Lakh Sq Ft Thane Warehouse For Rs 1.7...

Zomato Hyperpure Rents 5.5 Lakh Sq Ft Thane Warehouse For Rs 1.7 Crore Monthly

Zomato Hyperpure — the B2B supplies arm of food delivery platform Zomato — has leased a 5.5 lakh sq ft warehouse in Bhiwandi, Thane district. The facility, secured at a starting monthly rent of ₹1.7 crore, underscores the rapid expansion of India’s food logistics and cold-chain ecosystem amid the country’s growing appetite for efficient urban supply chains.

According to registration details reviewed by real estate analytics firms, the warehouse has been leased from Zuijin Developers Private Limited for a tenure of four years and seven months. The lease agreement includes a rent-free fit-out period of 150 days to allow the tenant to operationalise the space, with the formal handover scheduled for September 2025. Industry observers note that the transaction — valued at an initial ₹31 per sq ft per month, with a 5 per cent annual escalation — signals growing investor confidence in the warehousing segment across the Mumbai–Thane belt. The deal also carries a 48-month lock-in period and an ₹8.57 crore security deposit, reinforcing Hyperpure’s long-term commitment to the region.

Experts said Bhiwandi’s strategic proximity to the Mumbai–Nashik Highway, the Jawaharlal Nehru Port Trust (JNPT), and key consumption centres has made it a preferred destination for e-commerce and logistics firms. “This corridor offers superior connectivity and affordable warehousing compared to Mumbai city limits,” said a logistics analyst. “It is increasingly being reimagined as the backbone of urban consumption supply chains.” The transaction was registered on November 1 with the Inspector General of Registration (IGR) department, incurring a stamp duty of ₹26.98 lakh and a registration fee of ₹1,000.

This is Hyperpure’s third warehousing lease in the Mumbai Metropolitan Region this year, marking a clear strategy to consolidate operations near urban consumption clusters. The platform supplies high-quality ingredients and essentials directly to restaurants and cloud kitchens, helping streamline the food supply chain from producers to end-users. Industry experts suggest that such expansions also align with sustainable logistics objectives, as newer facilities are often designed with improved energy efficiency and optimised delivery routes that reduce urban emissions. As India’s cities grapple with increasing demand for food delivery and kitchen services, investments in modern warehousing are becoming central to both economic and environmental resilience.

Zomato Hyperpure Rents 5.5 Lakh Sq Ft Thane Warehouse For Rs 1.7 Crore Monthly
RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -spot_img

Most Popular

Recent Comments

Mumbai Housing Cycle Turns Infrastructure Led

Mumbai Housing Cycle Turns Infrastructure Led

0
India’s next housing cycle will be shaped less by speculation and more by infrastructure delivery, financial discipline and micro-market precision, senior industry representatives said...
Panvel Township Adds Final Premium Phase

Panvel Township Adds Final Premium Phase

0
A major township in Panvel, within the rapidly expanding Navi Mumbai region, has entered its final residential phase, reflecting sustained demand in the MMR...
India Realty Sector Shows Demand Resilience

India Realty Sector Shows Demand Resilience

0
India’s residential property cycle remains operationally robust, but listed real estate stocks are struggling to reflect that momentum, according to a recent sector assessment...
Mumbai Malabar Hill Plot Set For Redevelopment

Mumbai Malabar Hill Plot Set For Redevelopment

0
A rare 4.3-acre land parcel in Malabar Hill, one of Mumbai’s most tightly held residential enclaves, is set for redevelopment after Lodha Developers secured...
Mumbai Bets On Cluster Redevelopment Future

Mumbai Bets On Cluster Redevelopment Future

0
With greenfield land in Mumbai virtually exhausted, policymakers and developers are converging on cluster redevelopment as the city’s most viable path for urban renewal,...