By Bricksnwall | 2026-04-15
Dabur India Limited has rented a warehouse in
Hasanganj, Unnao, Uttar Pradesh, for nine years. They had to pay a security
deposit of ₹1.3 crore.
Dabur India Limited has been renting a
warehouse in Hasanganj, Unnao, Uttar Pradesh, for nine years. They had to put
down a security deposit of ₹1.3 crore.
The document stated that Satram Builders has
leased the building in Hasanganj for a long time.
The lease, which started on December 12,
2025, cost ₹25.93 lakh per month. The main warehouse area rented for ₹15.60 per
sq ft per month, while the mezzanine floor, which was 7,500 sq ft, rented for
₹7.8 per sq ft per month.
The paper said that the company put down a
security deposit of ₹1.3 crore and that the rent would go up by 4% every year.
Dabur India and Satram Builders have been
handed a list of questions. If a response is received, the story will be
updated.
Past trades in warehousing
In January, Jabil Circuit India Pvt Ltd,
Apple's main supplier, rented a 4.1 lakh sq ft warehouse in Ranjangaon, Pune
district, for ₹94.84 lakh a month for ten years. The facility contains roughly
3.17 lakh sq ft of built-up space and 4.13 lakh sq ft of billable space. The
sub-lease document says that Jabil Circuit has also put down a security deposit
of ₹5.69 crore.
Before, DHL Supply Chain India Pvt Ltd rented
a 3.5 lakh square foot warehouse near Chennai for ₹77 lakh a month for 11
months. The facility is in Polivakkam, Thiruvallur district, about 47 km from
Chennai, at Value Spaces Logistics and Industrial Park. The lease formally
started in two parts: one on November 15, 2025, and the other on December 15.
DHL also paid a ₹2.3 crore security deposit.
The Indian warehousing market
Savills India's study says that the
industrial and logistics real estate market grew gradually, beginning the year
off well. In Q1 2026, absorption reached 18.5 million square feet, up 15.6%
from 16 million square feet in Q1 2025. Tier-I cities made up 79% of this
absorption, while Tier-II and Tier-III cities made up 21%.
Pune came in second place for overall
absorption (24%), mostly because its manufacturing base is rising. Delhi-NCR
and Mumbai came in third and fourth, with 19% and 12%, respectively. The Tier
II and III cities made for 21% of all absorption. The data stated that
Delhi-NCR had the most supply in Q1 2026, with 20% of the total. Pune came in
second with 18%, and Chennai came in third with 17%. Tier-II and III cities
together made up 16% of the overall supply.
Source: Hindustan Times