DHL Supply Chain India Pvt Ltd is set to spend over ₹110 crore annually on a newly leased large-format warehouse in Bhiwandi, marking one of the most significant logistics real estate commitments this year.

According to CRE Matrix, a real estate data analytics firm, the company has taken 417,735 sq ft of space at One Samruddhi Park in Amane, Thane district, with a starting monthly rent of ₹9.19 crore, translating to ₹22 per sq ft.

The agreement was registered on 7 November 2025 with the landlord, Merriment Properties Private Limited, and includes a security deposit of ₹2.76 crore.

The sizeable annual rental outgo underscores DHL’s scale of operations and the rising importance of the Mumbai Metropolitan Region (MMR) within the company’s national distribution strategy. The Bhiwandi faci

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