India, May 10 -- Amazon Seller Services Private Limited, the marketplace arm of Amazon India, has sub-leased 2.78 lakh sq ft of warehouse space in Bengaluru rural district from Assetz Industrial Parks Private Limited, a group company of Singapore-based AGP, for a monthly rent of nearly Rs.73 lakh, according to documents accessed by CRE Matrix.

The warehousing facility is located in a building at Billanakote Village, Sompura Hobli, Nelamangala Taluk in Bengaluru Rural district. The property has been leased for 9 years and includes a 2-month, 15-day rent-free period, the documents showed.

The rental works out to Rs.26.25 per sq ft, with the company paying a security deposit of Rs.4.37 crore. The lease agreement was registered on April 7, ...