By Arosh John | Founder – John Real Estate (MahaRERA Reg. No. A51700001835) | Editor-in-Chief – Thane Real Estate News (TREN)
Thane – MMR | November 2025
Bhiwandi’s dominance as the logistics heartland of the Mumbai Metropolitan Region has gained another marquee occupant. Hyperpure, the B2B supply-chain arm of Zomato (parent Eternal Ltd), has leased 553,249 sq ft of warehousing space at Hiranandani Industrial Park in Mauje Pogaon, Bhiwandi, for nearly five years — in what ranks among the most significant single warehousing leases signed in 2025.
Deal Structure and Financials
Documents accessed via CRE Matrix, a real estate data analytics platform, show that Hyperpure executed and registered the lease on November 1, 2025, with Zuijin Developers Pvt Ltd.
- Total area: 5.53 lakh sq ft (553,249 sq ft)
- Monthly rent: ₹ 1.71 crore (₹ 31 per sq ft per month)
- Lease tenure: 4 years 7 months
- Lock-in period: 48 months
- Security deposit: ₹ 8.57 crore
- Stamp duty + registration: ₹ 26.98 lakh
- Rent-free fit-out period: 150 days
The lease grants Hyperpure operational flexibility to complete interior fit-outs before commencing full rent payments — an increasingly common practice among large industrial occupiers in the MMR belt.
Why Bhiwandi Continues to Lead
Industry analysts note that Bhiwandi has evolved into one of India’s most significant warehousing clusters, thanks to three decisive advantages:
- Connectivity: Direct access to the Mumbai–Nashik Highway (NH-3), Thane, and Navi Mumbai; proximity to JLN Port and the Western Freight Corridor.
- Cost efficiency: Lease rentals in the ₹ 28 – ₹ 35 per sq ft range — significantly lower than comparable warehousing nodes in Navi Mumbai or the western suburbs.
- Scale and infrastructure: Institutional developers such as Hiranandani Industrial Parks, ESR, and IndoSpace have created Grade-A facilities with ready compliance and clear land titles.
Strategic Context for Hyperpure
Hyperpure is Zomato’s dedicated B2B supply platform, sourcing and distributing groceries, farm produce, and packaged ingredients to restaurants and cloud kitchens across India. The company has been steadily expanding its cold-chain and dry storage networks across key metropolitan areas.
The Bhiwandi lease marks Hyperpure’s second major expansion in the region, following its earlier 250,000 sq ft deal in 2024. This signals a renewed commitment to the Thane logistics corridor. Industry experts view this as a long-term investment in institutional-grade warehousing as food-tech and e-commerce players consolidate their backend supply operations.
Implications for the Thane–Bhiwandi Corridor
This deal reinforces why Thane’s peripheral land parcels and industrial zones are quietly appreciating in strategic value:
- Large warehousing leases drive employment, infrastructure investment, and local ancillary growth.
- The steady influx of institutional occupiers prompts developers to adopt better specifications and expedite approvals under MIDC and TMC jurisdictions.
- The improving road grid — Metro Line 5, the Samruddhi Mahamarg (Mumbai–Nagpur Expressway) spur connecting Bhiwandi–Kalyan–Shilphata, and proposed MMC logistics links — further anchors the corridor as MMR’s supply-chain spine.
For investors and developers tracking Thane’s next growth wave, this transaction offers clear direction: industrial real estate is emerging as the quiet engine of land value re-rating in the district’s northern and eastern belts.
Quote: Kailash Babar, The Economic Times
“Industry analysts noted that such large commitments reflect sustained occupier demand. Bhiwandi has emerged as one of the largest warehousing and logistics clusters in the Mumbai Metropolitan Region.”
Editor’s Note
Every major warehousing story around Mumbai seems to come back to Bhiwandi — and for good reason. Its blend of connectivity, cost, and compliance keeps it ahead of newer nodes such as Taloja and Panvel. Hyperpure’s latest deal isn’t just a business transaction; it’s a marker of how Thane’s industrial geography is quietly shaping Mumbai’s next-decade logistics economy.
For investors and developers tracking warehousing and industrial land around Thane, follow Thane Real Estate News (TREN) for verified transaction insights, regulatory updates, and infrastructure developments that shape real estate value in MMR’s fastest-evolving district.
About the Author
Arosh John is the Founder of John Real Estate (MahaRERA Reg. No. A51700001835) and Editor-in-Chief of Thane Real Estate News (TREN) — a digital platform dedicated to factual, insight-driven coverage of the Mumbai Metropolitan Region’s evolving property landscape. With over a decade of on-the-ground experience across Thane’s residential, villa, and infrastructure-led corridors, Arosh combines local market intelligence with regulatory insight to decode how policies, infrastructure, and urban planning shape real estate value. He is widely regarded as one of the emerging voices in Thane’s new-age property journalism, bridging professional advisory services and data-backed reporting for investors, developers, and end-users alike.
Disclaimer
All information in this article is sourced from publicly available data via The Economic Times, Business Standard, Hindustan Times, Livemint, and CRE Matrix filings as of November 2025. Figures are approximate and subject to change based on official registrations or subsequent amendments. Thane Real Estate News (TREN) does not assume responsibility for later modifications to transaction terms or corporate filings.
