Amazon Extends Rs 10.73 Crore Lease with Godrej Green Homes in Mumbai’s Vikhroli
Godrej Green Homes has extended the lease for over 94,000 sq ft of space to four Amazon group companies in Mumbai’s Vikhroli area, solidifying the tech giant’s presence in the city.
AmazonGodrej Green HomesMumbaiVikhroliReal EstateReal Estate MumbaiMay 12, 2025
The renewed lease covers a substantial portion of the commercial space at Godrej Green Homes, a prominent real estate development known for its eco-friendly and sustainable features. This strategic decision by Amazon to extend its lease is a clear indication of the company’s long-term plans in the region.
Mumbai, often referred to as the financial capital of India, has long been a preferred location for tech giants and multinational companies. The city’s robust infrastructure, skilled workforce, and vibrant business ecosystem make it an ideal choice for companies looking to establish or expand their presence in the country. Vikhroli, in particular, has emerged as a key commercial district, attracting a wide range of businesses.
Godrej Green Homes, a subsidiary of the Godrej Group, has been at the forefront of sustainable real estate development in Mumbai. The company’s focus on eco-friendly practices and energy-efficient buildings has made it a preferred choice for many leading corporations. The renewal of the lease with Amazon is a testament to the quality and appeal of Godrej Green Homes’ properties.
Amazon’s decision to extend its lease in Vikhroli is part of its broader strategy to enhance its operational capabilities in India. The company has been rapidly expanding its footprint across the country, investing in logistics, warehousing, and retail spaces. This move is expected to further strengthen Amazon’s supply chain and customer service operations, enabling the company to better serve its growing customer base in India.
The real estate market in Mumbai, and particularly in Vikhroli, has been witnessing a surge in demand for commercial spaces. The presence of tech giants like Amazon is a significant factor driving this demand. Developers and property owners are increasingly focusing on creating high-quality, sustainable spaces that meet the needs of modern businesses.
For Godrej Green Homes, the renewal of the lease with Amazon is a major milestone. It not only secures a long-term tenant but also reinforces the company’s position in the competitive real estate market. The partnership with Amazon is expected to bring additional benefits, such as increased visibility and reputation, which can attract other high-profile tenants.
In conclusion, the renewal of the Rs 10.73 crore lease between Godrej Green Homes and Amazon in Mumbai’s Vikhroli area is a win-win situation for both parties. It reflects the strong business environment in the city and the growing importance of sustainable and efficient commercial spaces. As the tech and real estate sectors continue to evolve, such partnerships are likely to play a crucial role in shaping the future of commercial real estate in India.
Frequently Asked Questions
What is the value of the renewed lease between Godrej Green Homes and Amazon?
The value of the renewed lease is Rs 10.73 crore.
How much commercial space has Amazon leased in Vikhroli?
Amazon has leased over 94,000 sq ft of commercial space in Vikhroli.
Why is Vikhroli a preferred location for tech companies like Amazon?
Vikhroli is a preferred location due to its robust infrastructure, skilled workforce, and vibrant business ecosystem, making it an ideal choice for tech companies looking to establish or expand their operations in Mumbai.
What is the focus of Godrej Green Homes in real estate development?
Godrej Green Homes focuses on developing sustainable and eco-friendly properties, which has made it a preferred choice for many leading corporations.
How does the renewed lease benefit Godrej Green Homes?
The renewed lease secures a long-term tenant and reinforces Godrej Green Homes' position in the competitive real estate market, potentially attracting other high-profile tenants.
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