Adani Logistics Ltd, part of the diversified Adani Group, has leased out 66,250 square feet of warehousing space near Mumbai to leading retail major DMart (Avenue Supermarts) under a long-term 28-year lease agreement. The deal value is estimated to be over ₹100 crore, underscoring the growing importance of large, Grade-A warehousing assets in India’s fast-expanding retail and supply chain ecosystem.
Strategic Location Strengthens Supply Chain
The leased warehouse is strategically located in the Mumbai Metropolitan Region (MMR), a key consumption and logistics hub for western India. Proximity to Mumbai allows DMart to efficiently serve its dense network of retail stores across Mumbai, Navi Mumbai, Thane, and nearby cities. With rising consumer demand and faster delivery expectations, retailers are increasingly prioritizing well-connected logistics infrastructure to streamline operations and reduce turnaround time.
Long-Term Commitment Reflects Confidence
The 28-year lease tenure highlights DMart’s long-term commitment to strengthening its backend supply chain. Such extended leases are becoming common in the warehousing sector, offering stability to both developers and occupiers. For Adani Logistics, the deal ensures steady rental income over nearly three decades, while DMart benefits from operational continuity and cost predictability.
Industry experts note that long-term warehousing leases are particularly attractive for large retailers and FMCG players who require consistent storage, inventory management, and distribution facilities aligned with their growth plans.
Deal Value and Commercial Significance
The total lease value of over ₹100 crore makes this transaction one of the notable warehousing deals in the MMR region. It reflects the strong demand for institutional-grade logistics assets, especially from organized retailers like DMart, which continue to expand their store footprint across India.
For Adani Logistics Ltd, this transaction strengthens its position as a key player in India’s logistics and industrial real estate space. The company has been actively expanding its portfolio of integrated logistics parks, warehouses, and multimodal transport facilities, catering to sectors such as retail, e-commerce, FMCG, and manufacturing.
Warehousing Demand on the Rise
India’s warehousing sector has witnessed robust growth, driven by:
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Expansion of organized retail and e-commerce
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Implementation of GST, boosting centralized storage
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Demand for modern, compliant logistics facilities
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Increasing focus on supply chain efficiency
Mumbai and its surrounding regions remain among the most sought-after warehousing markets, despite higher land and rental costs, due to unmatched consumption demand and connectivity.
Outlook
The Adani Logistics–DMart deal highlights how long-term partnerships between developers and retailers are shaping the future of India’s logistics real estate. As consumption continues to rise and retail networks expand, demand for high-quality warehousing near major urban centers like Mumbai is expected to remain strong.
