Shopping cart

    Subtotal 0.00

    View cartCheckout

    Magazines cover a wide array subjects, including but not limited to fashion, lifestyle, health, politics, business, Entertainment, sports, science,

    Shopping cart

      Subtotal 0.00

      View cartCheckout

      Magazines cover a wide array subjects, including but not limited to fashion, lifestyle, health, politics, business, Entertainment, sports, science,

      Alternate Realty

      Amazon India expands logistics network with 2.78 lakh sq ft Bengaluru warehouse lease

      Amazon
      Email :5

      Amazon Seller Services Private Limited, the marketplace arm of Amazon India, has sub-leased 2.78 lakh sq ft of warehouse space in Bengaluru rural district from Assetz Industrial Parks Private Limited, a group company of Singapore-based AGP, for a monthly rent of nearly ₹73 lakh, according to documents accessed by CRE Matrix.

      The warehousing facility is located in a building at Billanakote Village, Sompura Hobli, Nelamangala Taluk in Bengaluru Rural district. The property has been leased for 9 years and includes a 2-month, 15-day rent-free period, the documents showed.

      The rental works out to ₹26.25 per sq ft, with the company paying a security deposit of ₹4.37 crore. The lease agreement was registered on April 7, 2026.

      The agreement includes 25 truck parking spaces and 150 bike parking slots. The sublease commenced on January 1, 2026, and rent payments began on March 15, 2026. The lease also carries a 5% annual rent escalation clause, the documents showed.

      According to the documents, the premises will be used exclusively for industrial warehousing and logistics park operations.

      In previous transactions, Amazon India has leased large warehousing and logistics spaces across key markets, including Bengaluru, Hyderabad, Mumbai and Delhi-NCR, to strengthen its supply chain and fulfilment network.

      Last year, Amazon Seller Services Pvt Ltd signed a 20-year lease for a 5.59 lakh sq ft warehouse in Hooghly, near Kolkata, at a starting monthly rent of ₹1.26 crore (nearly ₹430 crore), marking one of the largest warehousing deals in India.

      In April 2025, Godrej Green Homes Pvt Ltd renewed the lease of more than 94,000 sq ft of space to four Amazon group companies in Mumbai’s Vikhroli area, with a monthly rent of ₹1.73 crore for five years.

      0 0 votes
      Article Rating
      Subscribe
      Notify of
      guest
      0 Comments
      Oldest
      Newest Most Voted
      Inline Feedbacks
      View all comments

      Related Posts

      Join

      To Receive Daily Updates

      0
      Would love your thoughts, please comment.x
      ()
      x