Startup Originals Team
Zomato Hyperpure, the B2B restaurant-supply division of Eternal Ltd., has leased around 5.5 lakh sq ft of warehousing space in the industrial hub of Bhiwandi, Thane district, Mumbai Metropolitan Region (MMR), for a starting monthly rent of approximately ₹1.7 crore.
Key Lease Terms & Location Details
- The lease covers approximately 553,249 sq ft at Hiranandani Industrial Park in Mauje Pogaon, Bhiwandi.
- The monthly rent begins at ₹31 per sq ft, with an annual escalation of 5% each year.
- The contract spans 4 years and 7 months (55 months) with a lock-in of 48 months. A rent-free fit-out period of 150 days is included.
- The deal was registered on 1 November 2025 and the hand-over was planned to commence from 1 September 2025. Security deposit of ₹8.57 crore and stamp-duty of ₹26.98 lakh were part of the agreement.
Strategic Rationale Behind the Move:
- Bhiwandi–Thane region is emerging as a key logistics corridor for e-commerce and food-tech companies due to its proximity to Mumbai, Thane and the Jawaharlal Nehru Port, and connectivity via the Mumbai–Nashik highwa.
- The space will be used by Zomato Hyperpure for sourcing, storing and distributing food-service essentials—including fruits, vegetables, meat, poultry, seafood and groceries, to restaurants and cloud-kitchens via its platform.
- This lease marks Hyperpure’s third major warehouse transaction in the MMR region in 2025, underscoring its aggressive scaling of supply-chain infrastructure.
Implications for Zomato Hyperpure & the Industry:
- For Zomato Hyperpure, the large-scale warehousing commitment signals a move from just aggregation to control of supply-chain & distribution, enabling freshness, speed, and scale for its B2B business.
- For MMR’s real-estate sector, it reinforces the growing demand for large Grade-A warehouse facilities from food-tech, quick-commerce and e-commerce players. Real-estate analytics point to Mumbai accounting for 20% of total warehousing transaction volume in 2025 so far.
- For the food-service industry, the deal underlines how backend logistics, once a bottleneck, are becoming strategic assets in high-growth segments such as cloud kitchens and restaurant supply.
What to Watch Moving Forward:
- Execution of the warehouse setup: how quickly Hyperpure utilises the fit-out period and begins operations in this facility will be telling.
- Impact on supply-chain efficiency and cost-structure for Hyperpure: once operational, the facility could enhance freshness, reduce lead-times and potentially lower logistics cost per unit.
- Further expansion: given this is the third major lease in MMR this year, whether Hyperpure continues with similar large-scale commitments in other cities.
- Real-estate trends: whether such large-volume, long-term leases create upward pressure on rents in the MMR logistics market and set new benchmarks for food-tech occupiers.
