Up next

Bhiwandi has once again witnessed a big rental deal where a warehouse measuring 2.43 lakh sq ft has been rented for a sum of ₹47.62 lakh per month rent.

According to documents provided to SquareFeatIndia by CRE Matrix, a real estate data analytics firm, Damco India Pvt Ltd has taken warehouse having area 2.43 Lakh sqft on lease for period of 5 years in Bhiwandi with starting monthly rent of 47.62 Lakh and deposit of 1.9Cr.

The details include Building No. E, R.K. Logiworld, Yewai Naka, Village Yewai, Taluka Bhiwandi, District Thane.

The licensor is Deepak Durgaprasad Agarwal & Others, whereas the licensee is Damco India Pvt. Ltd.

The rental agreement was signed on October 21, 2022. 2,42,859 sq. ft. is the total chargeable area.

Lease Period: 5 years
Lock-In Period: 3 years
Rent Escalation: 4% at the end of every 12 months

Also Read: Bhiwandi Warehouse with 343 Parking leased at Rs 1.62 Cr per month

SHARE ON
TwitterWhatsappFacebookBufferLinkedInPin It
You May Also Like
Dharavi, Asia's largest slum

Maha Govt to float tenders for Dharavi Redevelopment for the 4th time

By Varun Singh Devendra Fadnavis when came back to power with Eknath…
ED attaches Anil Ambani’s Pali Hill home worth ₹3,716 crore in RCOM probe; total attached assets exceed ₹15,700 crore.

ED Attaches Anil Ambani’s ₹3,716 Cr Pali Hill Home ‘Abode’ in RCOM Bank Fraud Probe Case

ED attaches Anil Ambani’s Pali Hill home worth ₹3,716 crore in RCOM probe; total attached assets exceed ₹15,700 crore.
On Diwali morning Indian realty shares opened with selective strength: blue-chip developers led early gains on festive demand and solid Q2 presales, while many mid- and small-cap names cooled on profit-taking. Keep an eye on Muhurat trading (1:45–2:45 PM IST) and booking updates to see if the rally broadens.

Realty Stocks Opened Mixed — Blue-Chips Favoured, Mid-Caps Took a Breather

On Diwali morning Indian realty shares opened with selective strength: blue-chip developers led early gains on festive demand and solid Q2 presales, while many mid- and small-cap names cooled on profit-taking. Keep an eye on Muhurat trading (1:45–2:45 PM IST) and booking updates to see if the rally broadens.
India’s office real estate market achieved a new milestone in 2025 as Grade A office leasing crossed 70 million sq ft, supported by strong demand from technology firms, GCCs, and a sharp year-end surge, according to Colliers India.

Pune Doubles IT Exports in 5 Years, Now India’s 3rd Software Powerhouse

Pune is fast transforming into India’s third-largest software export hub with IT exports doubling to ₹1.05 lakh crore in five years. Backed by 360+ Global Capability Centres, a robust manufacturing base, and rapid population growth, the city’s dual-engine economy is driving office demand, housing boom, and infrastructure expansion—making Pune one of India’s most balanced growth stories.