DHL Supply Chain has secured one of the quarter’s largest industrial leases by taking 417,735 sq ft of Grade-A warehousing space at One Samruddhi Park in Amane, along the Samruddhi Mahamarg corridor in Bhiwandi, Thane district. According to documents sourced from CRE Matrix, the lease was formally registered on November 7, 2025.

The facility has been leased from Merriment Properties Pvt. Ltd. at an initial monthly rent of ₹9.19 lakh, working out to ₹22 per sq ft, with DHL placing a security deposit of ₹2.76 crore. The transaction reinforces Bhiwandi’s standing as one of India’s most sought-after logistics locations, benefiting from seamless access to Mumbai, JNPT and the fast-developing Samruddhi Mahamarg expressway.

Industry analysts say that demand for high-quality warehousing in Thane and the broader Mumbai Metropolitan Region remains robust, fuelled by 3PL operators, e-commerce majors, FMCG companies and auto manufacturers. Large occupiers such as DHL continue to expand and consolidate to support rising fulfilment needs and tighten turnaround times.

The latest Bhiwandi deal follows DHL’s renewal last month of a 3.17-lakh sq ft warehouse lease in Panvel, another key MMR logistics hub. That space, owned by CapitaLand India Trust, has been renewed for five years at an initial monthly rent of ₹1.8 crore with an annual 5% escalation, and a starting rental rate of ₹56.7 per sq ft.

With sustained demand from e-commerce and third-party logistics players, India’s warehousing sector continues to scale rapidly, drawing consistent interest from global logistics giants such as DHL.