Amazon leases 278k sq ft Bengaluru

Warehousing is the real story here — not office towers, not splashy headquarters, just plain logistics space close enough to a big city to move goods fast. Amazon’s India marketplace arm, Amazon Seller Services, has taken nearly 278,000 sq ft in Bengaluru’s Nelamangala corridor on a nine-year sub-lease. The rent starts at about ₹72.98 lakh a month, and the agreement was registered on April 7, 2026. (economictimes.indiatimes.com) That matters because it shows big e-commerce occupiers are still willing to lock in large fulfillment space when the location works. (crematrix.com) ### Where is this space exactly? The warehouse sits in Billanakote Village, Sompura Hobli, in Nelamangala Taluk on the western side of Bengaluru’s broader logistics belt. That corridor matters because it gives occupiers access to the city’s consumption base without forcing every truck into the urban core. (economictimes.indiatimes.com) In warehouse real estate, that last-mile-to-regional-middle distance is basically the whole game. ### Why Nelamangala? Because Bengaluru is a huge demand center, but the city itself is messy and expensive to serve from inside. Nelamangala has become one of the places where operators can still build or lease large-format sheds with decent highway connectivity. For an e-commerce company, that means faster inventory turns and fewer operational headaches than trying to improvise inside dense city limits. The warehouse in this deal is identified as facility B900 in an Assetz Industrial Parks development. (economictimes.indiatimes.com) ### What are the deal terms? The leased area is 278,037.2 sq ft. The initial rent works out to roughly ₹26.25 per sq ft per month, or ₹72.98 lakh monthly in total. The term is nine years, with a 5% annual rental escalation, and reports also note a short rent-free period before full payments begin. Rent commencement is tied to March 2026 even though the sub-lease started earlier in January. (hindustantimes.com) ### Why is Amazon still adding warehouse space? Because e-commerce logistics does not scale smoothly — it scales in chunks. Once delivery volumes in a region cross a threshold, companies need another big box, not a slightly better spreadsheet. Amazon has also been active elsewhere in India, including a much larger 5.59 lakh sq ft fulfillment-center lease in Hooghly last year. So this Bengaluru deal looks less like a one-off and more like continued network build-out. (crematrix.com) ### Is this about India only? Not really. The useful read-through is that logistics demand can stay strong even when other commercial real-estate segments feel uneven. India’s office market has had big wins, including earlier Amazon office leasing in Bengaluru, but warehouse demand is being driven by a different engine — inventory placement, delivery speed, and regional fulfillment density. (crematrix.com) Those needs do not disappear just because corporate occupiers get cautious elsewhere. ### So what does this signal? It signals that well-located logistics parks still have pricing power when a major tenant needs scale fast. A rent of roughly ₹73 lakh a month is not the headline by itself — the more interesting part is Amazon committing for nine years in a proven corridor. Long leases like that tell landlords and investors something simple: the right warehouse is still strategic infrastructure, not commodity space. (livemint.com) ### Bottom line? This is a straightforward warehouse lease, but it says a lot. Amazon is still expanding where delivery math justifies it, and Bengaluru’s outer logistics belt is still one of those places. In a commercial-property market full of mixed signals, that is a very clear one. (economictimes.indiatimes.com) (crematrix.com) (economictimes.indiatimes.com)