Amazon leases 417K sq ft Bhiwandi warehouse in ₹168 crore, 9-year deal
Amazon Seller Services signed a nine-year lease for a 417,248 sq ft warehouse in Bhiwandi, MMR, at ₹1.26 crore monthly rent (₹30.34/sq ft) with a 5% annual escalation and ₹3.79 crore deposit—totaling roughly ₹168 crore. The deal deepens Amazon's logistics footprint in India's key warehousing hub.
Amazon Seller Services leased a 417,248 sq ft warehouse in Bhiwandi (MMR) for nine years at ₹1.26 crore monthly rent, totaling ~₹168 crore, expanding its e-commerce logistics footprint in India's key warehousing hub.