DHL Supply Chain India Secures 4.28 Lakh Sq Ft Warehouse in Chennai for ₹96.64 Lakh Monthly Rent
- 26th Nov 2025
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DHL Supply Chain India has reportedly secured approximately 4.28 lakh square feet of warehouse space in Chennai's Indospace Industrial & Logistic Park at Vishnuvakkam, with monthly rent set at ₹96.64 lakh, according to property registration documents. The transaction highlights the growing appetite for industrial warehouse spaces across India, particularly in Chennai's expanding logistics corridor.
Large-Scale Warehouse Lease Transaction Details
The lease agreement, which was executed in two phases starting in late September and early October 2025, encompasses significant warehouse infrastructure designed for modern logistics operations.
| Parameter | Details |
| Total Leased Space | 4.28 lakh sq ft |
| Carpet Area | 4.05 lakh sq ft |
| Monthly Rent | ₹96.64 lakh |
| Rent Rate | ₹22.55 per sq ft per month |
| Lease Commencement | October 2025 |
| Security Deposit | ₹5.80 crore |
| Stamp Duty Paid | ₹8.13 lakh |
| Landlord | Shirina Industrial & Logistics Park Private Ltd |
The deal was structured across two separate execution dates, with the first phase commencing on September 29 and the second phase on October 10, providing operational flexibility for the third-party logistics provider.
Flexible Lock-In Period and Strategic Location
Registration documents indicate a six-month lock-in period, offering DHL Supply Chain India operational adaptability while ensuring initial commitment stability for the landlord. The Indospace Vishnuvakkam facility is strategically positioned within an industrial cluster that provides excellent connectivity to major logistics routes, highways, and Chennai's growing logistics infrastructure.
Chennai's Appeal for Large-Format Logistics Operations
Chennai's industrial and warehousing ecosystem continues to attract significant investments from domestic and international logistics players. The city's strategic advantages include proximity to major ports and highways, a robust manufacturing base spanning automotive, electronics, and engineering sectors, and rapid infrastructure expansion supported by both government and private sector initiatives.
The presence of high-quality warehousing parks developed by global players like Indospace has further elevated Chennai's position in India's logistics and warehousing market. These Grade A facilities offer modern amenities, advanced material handling systems, and compliance with international standards, making them attractive to large-scale logistics operators.
Implications for DHL's South India Operations
The substantial warehouse lease signals several strategic priorities for DHL Supply Chain India. Industry observers note that the transaction reflects growing third-party logistics activity across South India, increasing demand for consolidated warehousing operations to serve multiple industries, and strategic expansion to support e-commerce, FMCG, automotive, and industrial supply chains.
With over 4 lakh square feet of warehouse space secured in one of India's key logistics hubs, DHL appears positioned to strengthen its distribution and logistics capabilities significantly in the southern region. The move aligns with broader trends in India's South India supply chain infrastructure development.
Growing Momentum in India's Warehouse Leasing Market
This transaction follows a series of significant warehouse leasing deals across India's major cities. Recent months have witnessed Yusen Logistics expanding with 200,000 square feet near Mumbai and Tata Toyo Radiator securing 2.5 lakh square feet in Pune, indicating robust demand for modern warehousing facilities.
The increasing investment in logistics park development across strategic Indian cities reflects the sector's rapid evolution, driven by e-commerce growth, manufacturing expansion, and improved supply chain efficiency requirements. Smart warehouses and automation technologies are becoming increasingly important differentiators in attracting premium tenants.
For Chennai specifically, significant investment interest in logistics properties continues to drive market activity, with institutional investors recognizing the city's potential as a critical node in India's evolving supply chain network.
Disclaimer: This article is based on information from property registration documents and industry sources. Readers are advised to conduct their own research and consult with real estate professionals before making any investment decisions related to industrial or commercial properties. Market conditions, rental rates, and investment opportunities can vary significantly based on location, timing, and specific property characteristics.
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