DHL Leases Rs320 Million Warehouse Space In Bhiwandi

20 Nov 2025 CW Team

DHL Supply Chain India Pvt Ltd has leased 417,000 sq ft of warehouse space in Bhiwandi, near Mumbai, for over Rs320 million, according to property registration documents accessed by CRE Matrix.

The facility, located in One Samruddhi Park in Bhiwandi near the starting point of the 700-km Mumbai–Nagpur Samruddhi Expressway, is owned by Merriment Properties Pvt Ltd. DHL will pay a starting monthly rent of Rs9.19 million, along with a security deposit of Rs27.6 million, the documents show. The agreement values the starting rent at Rs22 per sq ft, with a 36-month lease from October 2025 to September 2028. October will serve as a rent-free month, with rentals beginning in November 2025.

The transaction carries a nine-month lock-in period, and the lease was registered on 7 November 2025. Stamp duty of more than Rs904,000 and a registration fee of Rs500 were paid for the deal.

In September 2025, Zomato Hyperpure Pvt Ltd — the B2B supply arm of Zomato — leased 553,000 sq ft of warehouse space in Bhiwandi for about Rs17 million per month, according to CRE Matrix. The warehouse, leased from Zuijin Developers Pvt Ltd, is to be handed over from 1 September 2025, followed by a 150-day rent-free fit-out period for operational setup.

Bhiwandi sits at the starting point of the 701-km Samruddhi Mahamarg. The Maharashtra government has identified 24 development nodes along the corridor covering agri-processing, industrial estates, tourism and skills hubs. Logistics and warehousing clusters are planned in cities including Nashik, Aurangabad and Bhiwandi to spur investment and job creation, particularly in underdeveloped districts such as Wardha, Washim and Jalna.

Infrastructure Urban

20 Nov 2025

Centre Pushes Faster PSP Development At Pinnapuram Meeting

The Ministry of Power convened a meeting of its Consultative Committee of Members of Parliament at Pinnapuram in Kurnool district, Andhra Pradesh, focusing on the growing importance of Pumped Storage Projects (PSPs). The session was chaired by Union Minister of Power Shri Manohar Lal, and attended by Minister of State for Power Shri Shripad Yesso Naik, MPs from both Houses, and senior officials from the Ministry of Power, the Central Electricity Authority (CEA) and Central Public Sector Undertakings. Shri Manohar Lal emphasised that PSPs are crucial for storing surplus green power and supplyi..

GSV, DRDO Partner To Develop New Defence Tech Solutions

Gati Shakti Vishwavidyalaya (GSV) and the Defence Research and Development Organisation (DRDO) have signed a Memorandum of Understanding in New Delhi on 17 November 2025 in the presence of Dr Samir V. Kamat, Chairman of DRDO and Secretary of Defence R&D. The partnership aims to develop smart technological solutions to enhance national security. Dr Kamat stated that the collaboration is expected to support the development of technological solutions for the deployment aspects of indigenous defence systems. Under the MoU, both organisations will undertake joint studies and research in areas suc..

PVV Infra To Build Rs6.5 Billion Solar Cell Plant In Andhra Pradesh

PVV Infra Ltd., a company engaged in solar rooftop installations, has signed a Memorandum of Understanding with the Andhra Pradesh Economic Development Board to establish a solar cells manufacturing facility in the State. The project represents an investment of Rs6.5 billion. The new manufacturing unit will be set up in Visakhapatnam, near the airport, on a 30-acre industrial site within the region’s solar cells manufacturing cluster. According to the company, the development is expected to generate around 350 direct jobs and more than 450 indirect jobs. PVV Infra stated that it will draw ..