DHL Supply Chain India has leased over 417,000 sq ft of warehousing space at One Samruddhi Park in Amane, Bhiwandi, as the logistics major continues expanding its large-format distribution footprint to support rising demand across India’s consumption and manufacturing hubs.

The deal, involving space owned by Merriment Properties, strengthens DHL’s ongoing push for scalable, long-term warehousing capacity following a similar 317,000 sq ft lease in Panvel earlier this year, according to a report by The Economic Times.

The deal involves space owned by Merriment Properties, with a starting monthly rent of ₹9.19 crore and a security deposit of ₹2.75 crore. The lease, registered on November 7, carries a starting monthly rental rate of ₹22 per sq ft.

The handover of the premises took place in October, followed by a 30-day fit-out and rent-free period. The agreement registered on November 7 includes a nine-month lock-in period, showed documents accessed through realty data analytics platform CRE Matrix.

This is the second such large transaction concluded by DHL Supply Chain India since August when the company leased over 317,000 sq ft of warehousing space at Panvel near Mumbai for over five years to strengthen its distribution network and cater to rising demand from ecommerce and consumer sectors in the region.

DHL Group currently has over 21 million sq ft in warehousing operations in India and serves more than 50,000 locations. The transactions reinforce the ongoing consolidation trend among multinational logistics operators seeking large contiguous spaces through long-term commitments.

The warehouse in the latest deal is located along the Samruddhi Mahamarg corridor in Amane, a Bhiwandi micro-market that has emerged as one of the most active logistics hubs in the Thane region.