Dabur India Limited has leased a 1.62 lakh sq ft warehouse in Hasanganj, Unnao, Uttar Pradesh, for a nine-year tenure at a monthly rent of nearly ₹26 lakh, according to documents accessed by Propstack. The deal underscores continued momentum in India’s industrial and logistics real estate sector, supported by rising demand from FMCG and supply chain players.

The lease for ₹25.93 lakh per month, which commenced on December 12, 2025, was transacted at a rental of ₹15.60 per sq ft per month for the main warehouse area and ₹7.8 per sq ft per month for a 7,500 sq ft mezzanine floor, it showed.

The company paid a security deposit of ₹1.3 crore, and the rent will be increased by 4% annually, the document showed.

A list of questions has been sent to Dabur India and Satram Builders. The story will be updated if a response is received.

In January, Apple’s key supplier Jabil’s arm, Jabil Circuit India Pvt Ltd, leased a 4.1 lakh sq ft warehousing facility in Pune district’s Ranjangaon at a monthly rent of ₹94.84 lakh for a 10-year tenure. The facility has a built-up area of about 3.17 lakh sq ft, while the chargeable area stands at 4.13 lakh sq ft. Jabil Circuit has also paid a security deposit of ₹5.69 crore, according to the sub-lease document.

Earlier, DHL Supply Chain India Pvt Ltd leased a 3.5 lakh sq ft warehousing space near Chennai for a monthly rent of ₹77 lakh for 11 months. The facility is located at Value Spaces Logistics and Industrial Park in Polivakkam, Thiruvallur district, around 47 km from Chennai. The lease officially commenced in two parts, one on November 15, 2025, and another on December 15, and DHL paid a security deposit of ₹2.3 crore.

According to a report by Savills India, the industrial and logistics real estate sector grew steadily, starting the year on a positive note, with absorption reaching 18.5 million sq. ft. in Q1 2026, an 15.6% Y-o-Y increase from 16 million sq. ft. in Q1 2025. Tier-I cities accounted for 79% of this absorption, while Tier-II and Tier-III cities contributed 21%.