DHL Secures 4.17 Lakh Sq Ft Warehouse Space in Bhiwandi, Near Mumbai
DHL Supply Chain India Pvt Ltd has secured 4.17 lakh sq ft of warehouse space in Bhiwandi, near Mumbai, for over ₹32 crore, according to property registration documents accessed by CRE Matrix. This strategic move underscores DHL's commitment to expanding its logistics network in one of India's most dynamic industrial hubs.
The property, named One Samruddhi Park, is situated in Bhiwandi, near the starting point of the 700 km-long Mumbai-Nagpur Samruddhi Expressway. This location offers DHL a significant advantage in terms of connectivity and logistics efficiency, making it an ideal choice for their operations.
The property is owned and leased by Merriment Properties Private Limited. According to the documents, DHL will pay a starting monthly rent of ₹91.90 lakh, along with a security deposit of ₹2.76 crore. The deal values the starting rent at ₹22 per sq ft, with a 36-month lease term from October 2025 to September 2028. October will serve as a rent-free period, with rentals commencing in November 2025.
The lock-in period for the transaction is nine months, as indicated by the registration date, which is November 7, 2025. The stamp duty paid for the transaction is over ₹9.04 lakh, and a registration fee of ₹500 is also applicable.
Bhiwandi, a Warehouse Hub
Bhiwandi is rapidly emerging as a key warehouse hub in the Mumbai Metropolitan Region. In September 2025, Zomato Hyperpure Private Limited, the B2B supply arm of food delivery platform Zomato, leased a large warehouse space measuring 5.53 lakh sq ft in Bhiwandi, Thane district, near Mumbai, for approximately ₹1.7 crore per month. The warehouse was leased from Zuijin Developers Private Limited for a period of four years and seven months.
As per the lease agreement, the handover was scheduled for September 1, 2025, followed by a rent-free fit-out period of 150 days to enable the tenant to set up and operationalise the facility. Bhiwandi is located at the starting point of the 701-km-long Mumbai-Nagpur Expressway, also known as Samruddhi Mahamarg.
The Maharashtra government has identified 24 development nodes for agri-processing, industrial estates, tourism, and skill hubs. Logistics and warehousing clusters are planned in key cities, including Nashik, Aurangabad, and Bhiwandi, to boost job creation and investment, particularly in underdeveloped districts such as Wardha, Washim, and Jalna.
This strategic location and the government's initiatives are expected to further enhance Bhiwandi's appeal as a logistics and warehousing hub, attracting more investments and driving economic growth in the region.