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Zomato’s parent company leases office spaces in Andheri for 1.34 crore a month

The lease covers 84,157 sq ft on the sixth floor of the R Square office complex, located near JB Nagar, and includes 57 parking slots. The property is owned by Histyle Retail Pvt Ltd, a subsidiary of Mumbai-based Runwal Realty

Published on: May 16, 2025, 08:24:01 IST
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Mumbai: Eternal Limited, the recently rebranded parent company of Zomato, Blinkit, Hyperpure and District, has leased six commercial office units in Andheri East for a monthly rent of 1.34 crore.

Zomato’s parent company leases office spaces in Andheri for  ₹1.34 crore a month
Zomato’s parent company leases office spaces in Andheri for ₹1.34 crore a month

The lease covers 84,157 sq ft on the sixth floor of the R Square office complex, located near JB Nagar, and includes 57 parking slots. The property is owned by Histyle Retail Pvt Ltd, a subsidiary of Mumbai-based Runwal Realty.

According to details accessed via CRE Matrix, the agreement is valid for five years, with a fixed monthly rent of 160 per sq ft for the initial three years. A 15% rent escalation will take effect thereafter. The total payout over the lease term is estimated at 95 crore, inclusive of maintenance charges. Without maintenance, the cumulative rent works out to 85 crore. The lease commenced on May 1.

Eternal Limited’s portfolio includes Zomato, its flagship food delivery business; Blinkit, a rapidly expanding quick-commerce platform for groceries and daily essentials; Hyperpure, a B2B supply chain service that supplies fresh produce and ingredients to restaurants; and District, a ticketing and events discovery app.

 
ABOUT THE AUTHOR
Ateeq Shaikh

Ateeq Shaikh is a Senior Assistant Editor tracking real estate and infrastructure. With over two decades in journalism, he has reported extensively on topics such as metro rail, infrastructure projects, redevelopment in Mumbai, affordable housing, real estate, environmental issues and public transportation. His data driven stories explain the impact of public policy and large scale infrastructure projects on citizens' lives. His recent detailed report on the government's fireside sale of several real estate parcels in Mumbai or nearly one-fifth of habitable Mumbai triggered a signature campaign by activists and the civil society. This plan also faced pushback from people impacted by the government's decision, which he also reported on. Ateeq was instrumental in getting Mumbai Metro One Private Limited, a Public - Partnership (PPP) project, recognised under the Right to Information Act, the first PPP in India under the transparency law. His consistent campaign on technical issues plaguing the Mumbai Monorail, India's only such transportation system, forced authorities to publicly acknowledge the problems and work towards a permanent fix. Despite multiple attempts by the authorities, the system continues to be a white elephant in Mumbai.

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