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Alternate Realty

Amazon leases 5.6 lakh sq ft warehouse in Hooghly for ₹1.26 crore a month

Amazon
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Amazon Seller Services Pvt Ltd has inked a major warehousing deal in West Bengal, leasing 5.59 lakh sq ft in Hooghly for a starting monthly rent of ₹1.26 crore. Structured as a 20-year pre-lease agreement with Nahar Industrial Enterprises Ltd, the facility will be handed over between January and June 2026.

This comes on the heels of Amazon’s April 2025 lease renewal in Mumbai, where four of its group companies took up over 94,000 sq ft in Godrej Two, Vikhroli, for ₹1.73 crore per month.

The transaction has been structured as a pre-lease, with handover of the facility scheduled between January 2026 and June 2026. According to the documents, the lease will formally commence on June 1, 2026, and will run for a tenure of 20 years, along with a lock-in period of five years, making it one of the longer commitments in the logistics and warehousing sector.

Amazon will pay a monthly rent of ₹1.26 crore ( ₹1,26,63,856), with a rental escalation of 12% every three years. The company has also paid a security deposit of ₹7.60 crore as part of the agreement.

The agreement also stipulates that the 20-year lease be extended by an additional three years as it nears the end of its term.

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.

According to the documents, the space on the 7th floor of the building named Godrej Two on the Eastern Express Highway (EEH) in Vikhroli was leased to Amazon Seller Services Pvt Ltd, Amazon Development Centre India Pvt Ltd, Amazon Data Services India Pvt Ltd, and Amazon Smart Commerce Solutions Pvt Ltd.

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