India, July 31 -- Zomato Hyperpure Private Limited, the B2B supply arm of food delivery platform Zomato, has leased around 3.5 lakh sq ft of warehousing space in Chennai for nearly nine years at a monthly rent of Rs.87.46 lakh, according to documents accessed by Propstack.The warehouse is located at Hiranandani Industrial Park, Redhills, along Periyapalayam High Road. The property has been leased from Jurojin Developers Private Limited, as shown in the leave and licence agreement.

The lease commenced on March 30, 2026, with the rental working out to Rs.25 per sq ft per month. Zomato Hyperpure has also paid a security deposit of Rs.3.5 crore, according to the documents.

As per the agreement, the monthly rent will increase by 5% annually ...