Amazon Inks 20-Year Lease for Massive 5.59 Lakh Sq Ft Warehouse in Hooghly

In a landmark move set to strengthen its logistics network, Amazon Seller Services Pvt Ltd has signed a 20-year lease agreement for a 5.59 lakh sq ft warehouse in Hooghly, near Kolkata. The deal, valued at nearly ₹430 crore over the lease period, is being hailed as one of the largest warehousing transactions in India.

Deal Structure and Financials

According to property registration documents, the agreement has been signed with Nahar Industrial Enterprises Limited under a pre-lease arrangement. The warehouse facility is scheduled for handover between January 2026 and June 2026, with the official lease commencing on June 1, 2026.

• Monthly rent: ₹1.26 crore (₹1,26,63,856)
• Security deposit: ₹7.60 crore
• Escalation clause: 12% every three years
• Lock-in period: Five years
• Extension option: Additional three years after the 20-year tenure

The long-term nature of this deal highlights Amazon’s strong commitment to expanding its supply chain infrastructure in eastern India.

Also Read: Apple Expands India Presence: New 8,000 Sq. Ft. Store Opens in Bengaluru’s Hebbal

Why This Matters

The warehousing and logistics sector in India has been witnessing significant growth, driven by e-commerce giants like Amazon. Large-scale facilities such as this one not only strengthen last-mile delivery efficiency but also generate employment opportunities and improve regional trade connectivity.

Amazon’s Past Real Estate Moves

This isn’t Amazon’s first major property transaction in recent times. In April 2025, Godrej Green Homes Pvt Ltd renewed a lease for 94,000 sq ft of office space to four Amazon group companies in Mumbai’s Vikhroli area. The five-year lease, spread across the 7th floor of the Godrej Two building on the Eastern Express Highway, carries a monthly rent of ₹1.73 crore.

Also Read: Microsoft Signs Major Hyderabad Office Lease Worth ₹5.4 Crore a Month

The space was leased to:

• Amazon Seller Services Pvt Ltd
• Amazon Development Centre India Pvt Ltd
• Amazon Data Services India Pvt Ltd
• Amazon Smart Commerce Solutions Pvt Ltd

Together, these moves highlight Amazon’s strategic expansion in both warehousing and corporate operations across India.