India, Nov. 6 -- Zomato Hyperpure Private Limited, the B2B supply arm of food delivery platform Zomato, has leased a large warehouse space measuring 5.53 lakh sq ft in Bhiwandi, Thane district, near Mumbai, for approximately Rs.1.7 crore per month, according to documents accessed by CRE Matrix.

The warehouse has been leased from Zuijin Developers Private Limited for a period of four years and seven months. As per the lease agreement, the handover was scheduled 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.

The lease also includes a lock-in period of 48 months, during which neither party can terminate the agreement without penalty. The property is ...