DMart Acquires Multiple Floors In Thane Commercial Building
Real Estate

DMart Acquires Multiple Floors In Thane Commercial Building

Avenue Supermarts Limited, the operator of DMart, has acquired more than 70,000 sq ft of commercial space in the Kolshet area of Thane, near Mumbai, for Rs992.7 mn, according to property registration documents accessed by CRE Matrix. The documents show the total area measures 6,530.86 sq m, equivalent to approximately 70,298.18 sq ft, and the transaction was registered on 30 June 2026. The acquisition covers multiple contiguous floors in a single building and includes an upper basement allocated for parking.

The purchase encompasses the ground, first, second and third floors and includes 46 car parking spaces and 47 parking spaces for two-wheelers, the records indicate. The property was acquired from Regency Shelters LLP and the buyer paid stamp duty of Rs69.4 mn as part of the registration process. The documents provide the primary basis for the disclosure; an email query was sent to Avenue Supermarts and no response had been received at the time of reporting.

The Thane deal follows a pattern of recent property acquisitions by the company. In June 2026, Avenue Supermarts purchased multiple floors in a Bengaluru commercial building for Rs1.062 bn, with a reported built-up area of approximately 170,000 sq ft and an undivided land share of 4,046.85 sq m, or nearly 43,560 sq ft. Earlier transactions cited in registration records include a May 2026 lease of a luxury apartment in Worli for Rs2.75 mn per month and a December 2025 long?term warehousing lease that exceeded Rs1 bn in total rent.

Avenue Supermarts is a national supermarket chain offering food and non-food general merchandise and apparel, and it had 387 stores as of 31 December 2024. The company continues to expand its footprint through owned and leased assets as it supports retail and logistics operations across several states. The reporting relies on public registration records and property databases.

Avenue Supermarts Limited, the operator of DMart, has acquired more than 70,000 sq ft of commercial space in the Kolshet area of Thane, near Mumbai, for Rs992.7 mn, according to property registration documents accessed by CRE Matrix. The documents show the total area measures 6,530.86 sq m, equivalent to approximately 70,298.18 sq ft, and the transaction was registered on 30 June 2026. The acquisition covers multiple contiguous floors in a single building and includes an upper basement allocated for parking. The purchase encompasses the ground, first, second and third floors and includes 46 car parking spaces and 47 parking spaces for two-wheelers, the records indicate. The property was acquired from Regency Shelters LLP and the buyer paid stamp duty of Rs69.4 mn as part of the registration process. The documents provide the primary basis for the disclosure; an email query was sent to Avenue Supermarts and no response had been received at the time of reporting. The Thane deal follows a pattern of recent property acquisitions by the company. In June 2026, Avenue Supermarts purchased multiple floors in a Bengaluru commercial building for Rs1.062 bn, with a reported built-up area of approximately 170,000 sq ft and an undivided land share of 4,046.85 sq m, or nearly 43,560 sq ft. Earlier transactions cited in registration records include a May 2026 lease of a luxury apartment in Worli for Rs2.75 mn per month and a December 2025 long?term warehousing lease that exceeded Rs1 bn in total rent. Avenue Supermarts is a national supermarket chain offering food and non-food general merchandise and apparel, and it had 387 stores as of 31 December 2024. The company continues to expand its footprint through owned and leased assets as it supports retail and logistics operations across several states. The reporting relies on public registration records and property databases.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

NABARD, NaBFID Partner to Fund Rural Infrastructure

The National Bank for Agriculture and Rural Development (NABARD) and the National Bank for Financing Infrastructure and Development (NaBFID) have signed a Memorandum of Understanding (MoU) to collaborate on financing infrastructure projects with significant rural impact.The partnership combines NABARD’s expertise in rural and agricultural infrastructure with NaBFID’s specialised infrastructure financing capabilities. It will focus on joint financing, knowledge sharing and developing financing solutions to improve access to long-term, competitively priced capital for rural infrastructure an..

Next Story
Infrastructure Energy

Advait Energy Wins Rs 1.34 Billion MPPTCL Order

Advait Energy Transitions (AETL) has secured a Rs 1.34 billion turnkey contract from Madhya Pradesh Power Transmission Co. Ltd. (MPPTCL) for the design, manufacturing and supply of Emergency Restoration Systems (ERS) for 400kV, 220kV and 132kV EHV transmission lines.The order, received against Tender No. TR-23/2025 on August 25, 2026, will be executed over 18 months. The contract value, inclusive of taxes, covers the complete ERS along with the required accessories.Emergency Restoration Systems are used to restore transmission infrastructure following disruptions, helping maintain continuity a..

Next Story
Real Estate

Gradiant expands Coimbatore engineering centre

Gradiant has expanded its Global Engineering Center (GEC) in Coimbatore, more than doubling its engineering workforce from approximately 100 to over 200 professionals as it strengthens its global project execution capabilities.The expanded centre will bring together multidisciplinary expertise across process engineering, detailed design and project engineering, enabling the India team to take on greater responsibility for the engineering and design of Gradiant’s international projects.According to Govind Alagappan, COO, Gradiant, Coimbatore’s engineering talent and industrial heritage make..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement