Amazon has leased a huge 5 lakh Sq Ft area in Bonsari area of Airoli in Navi Mumbai.

According to data accessed by SquareFeatIndia provided by Propstack the lease deal was registered in May 11 2022, for a period of 180 months which starts from August 24, 2023.

The project for which the area has been leased is Amazon Data Centre, and the total area leases is 4,51,749 Sq Ft, the company that leased the area is Amazon Data Services India Pvf Ltd.

The name of the builder who has given this property on lease is Newfound Properties And Leasing Private Limited.

Amazon for the last few years has been leading out a lot of property in the city of Mumbai and nearby areas within the Mumbai Metropolitan Region.

Also Read: Amazon leases 6.59 lac Sq Ft Space

You May Also Like

Payment Default by Homebuyers: MahaRERA Upholds Builder’s Right to Cancel Allotments

MahaRERA has ruled that homebuyers who repeatedly default on payments risk losing their flats, upholding a builder’s right to cancel allotments under Section 11(5) of the RERA Act.

Oberoi Realty to acquire residential premises in Three Sixty West Valued at Rs 4k Cr

Oberoi Realty has informed the BSE that in an Extra-ordinary General Meeting…

Policy or Regulatory Decisions Under RERA Must Be Taken by the Authority as a Whole, Not by One Member Sitting Alone

The Haryana Real Estate Appellate Tribunal has ruled that decisions under RERA cannot be taken by one member alone. The landmark ruling strengthens due process for real estate regulators nationwide.

Mall stock at 90.6 mn sq. ft in H1 2022, to reach 122 mn sq ft by 2025

Total Grade A mall stock at 90.6 million sq. ft in H1 2022, to reach approx.…