Amazon Seller Services Leases Warehouse Space in Bhiwandi Near Mumbai

Under the terms, the tenant will pay a monthly rent of Rs12.7 million (mn) at a rental rate of Rs30.34 per sq ft, with payments due to commence on 11 October 2026, and it has furnished a security deposit of Rs38 million (mn). The contract provides for an annual rental escalation of five per cent and a common area maintenance charge of Rs two per sq ft per month. Based on the lease tenure and the escalation clause, the total rental commitment is estimated to exceed Rs one point six two billion (bn) over the duration of the agreement.

Bhiwandi is positioned as one of India’s leading warehousing destinations because of its connectivity to the Mumbai-Nashik Highway, the Mumbai-Nagpur Samruddhi Expressway and the Jawaharlal Nehru Port Authority, making it attractive for e-commerce and logistics firms. The transaction follows similar large-format leases in the locality and underlines sustained demand for logistics real estate in the region.

Property registration documents accessed by CRE Matrix provided the primary basis for the reporting and an email query was sent to Amazon Seller Services Private and Ecobox Industrials Asset V Private Limited. The article will be updated if either party provides a response; no additional commentary has been included.