Zomato expands supply chain with ₹43.9 crore warehouse lease in Bhiwandi near Mumbai for five years
Zomato Hyperpure has secured a five-year lease for 2.46 lakh sq ft of warehouse space in Bhiwandi near Mumbai for ₹43.90 crore
Zomato Hyperpure, the B2B supply chain arm of food tech giant Zomato, has secured a five-year lease for 2.46 lakh sq ft of warehouse space in Bhiwandi near Mumbai for ₹43.90 crore, according to property registration documents accessed by Propstack.
The documents show that the monthly starting rent for the 246,598 sq ft space is ₹66.21 lakh, along with a security deposit of ₹2.78 crore.
The space is located in One K Square Logistics Park in Bhiwandi, for which the transaction was registered on August 26, 2025.
According to the documents, a stamp duty of over ₹11 lakh and registration fees of ₹30,000 were paid for the transaction.
The space lease starts from August 1, 2025, however, the rent payment commences from March 2026 up to July 2030.
The agreement has a clause of 5% rent escalation annually. The rent for the first year is ₹7.94 crore, for the second year is ₹8.34 crore, for the third year is ₹8.75 crore, ₹9.19 crore for the fourth year and ₹9.65 crore for the fifth year, according to the property registration documents.
Also Read: Zomato leases 84,157 sq ft of office space in Mumbai’s Andheri for ₹85 crore
The space has been leased by Zomato from Pyramine Space Private Limited, the documents show.
An email query has been sent to Zomato. If a response is received, the story will be updated. Pyramine Space Private Limited could not be reached for comment.
Previous transactions by Zomato
According to property registration documents, Eternal Ltd, formerly known as Zomato, had leased 84,157 square feet of commercial office space in Mumbai’s Andheri for a total rent of ₹85 crore over a five-year period.
The documents showed that the commercial space, which spans six units on the 7th floor of a building named R Square, has been rented from Histyle Retail Pvt Ltd (Runwal Realty).
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Zomato Hyperpure had also leased a warehousing space with a built-up area of 253,421 square feet. The warehouse is located at Lodha Industrial and Logistics Park in Palava, part of the Mumbai metropolitan region (MMR). The lease agreement is for five years, commencing on February 15, 2025. Zomato is paying a monthly rent of over ₹85.3 lakh for the facility.
