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"Zomato Hyperpure has leased 5.5 lakh square feet (sq ft) of warehousing space in Bhiwandi, an industrial and logistics hub in the Thane district of Mumbai Metropolitan Region (MMR), at a starting monthly rent of Rs 1.7 crore.Advertisment Zomato Hyperpure leases space at monthly rent of Rs 1.7 Cr According to registration documents accessed via CRE Matrix, a real estate data analytics firm, the warehouse has been leased from Zuijin Developers Private Limited for four years and seven months. As per the lease agreement, the handover was planned for September 1, 2025, followed by a rent-free fit-out period of 150 days to enable the tenant to set up and operationalise the facility. This is the third warehousing space leased by Hyperpure in MMR this year. Also read: IIT grad co-founder of AI startup Giga says funding isn"t what excites him, while CEO admits, “I am excited about the $61 Million” (startuppedia.in) More details about the rental agreement The handover date for the space was September 1, with a 48-month lock-in period. The rent, starting from Rs 31 per sq ft per month, will increase by 5 per cent every year. Zomato Hyperpure has paid a security deposit of Rs 8.57 crore for the facility. The transaction was registered on November 1, 2025, with the Inspector General of Registration (IGR) department, which incurred a stamp duty of Rs 26.98 lakh and a registration fee of Rs 1,000. Zomato Hyperpure is a business-to-business (B2B) platform that provides kitchen solutions and is operated by the food delivery company Zomato. Also read: RCB officially put on sale — Adar Poonawalla planning to buy team? (startuppedia.in) "
