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.

— Source publishedWed, 8 Jul, 2026, 16:39 IST·First seen Wed, 8 Jul, 2026, 16:56 IST·Source Business Standard · Companies

What happened

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

Key facts

  • 417,248 sq ft
  • ₹1.26 crore/month
  • ₹30.34 per sq ft/month
  • ₹3.79 crore deposit
  • 9-year tenure
  • ~₹168 crore total
  • 5% annual escalation

Why this matters

Deepening presence in Bhiwandi—India's key warehousing corridor—strengthens Amazon's competitive moat against rivals and reinforces the strategic value of MMR logistics real estate.

What to watch

  • Amazon India delivery-promise expansion announcements in Mumbai region
  • New warehouse lease filings in Bhiwandi/MMR over next two quarters
  • Bhiwandi grade-A rental index movement vs 5% escalation baseline
  • Amazon festive-season hiring numbers and fulfilment throughput claims
  • Any closure or downsizing of older Amazon FCs in the region
  • Amazon ramps hiring and MHE/automation installation at the Bhiwandi FC before festive season
  • Onboarding of additional third-party sellers into MMR same-day/next-day zones
  • Landlords and developers market comparable grade-A Bhiwandi space citing the ₹168cr benchmark deal
  • Rival e-commerce and 3PLs accelerate MMR lease signings to defend delivery speed