Bhiwandi near Mumbai has emerged as a warehouse hub for Amazon, logistic company Flipkart, Myntra and Pepperfry, many land owner or developer interested to build warehouse for rental income.
Forty kilometers from Mumbai to Bhiwandi in Thane district, a warehousing hub hundreds of thousands of retail and industrial goods to consumers in the Bhiwandi every day. The Bhiwandi , has emerged as a warehousing hub for e-commerce majors such as Amazon, Pepperfry, Flipkart, Myntra and, attracting many investors and developers keen a slice of its booming economy.
According to property consultant Warehousewale, Bhiwandi has around 26.5 million sq. ft of warehousing space for rent, The Pre engineering building warehouse is 3.6 million sq. ft . Compaire to Gurugarm is closing in on Gurugram, which warehouse 26.01million sq. ft of Pre engineering building warehouse and other warehousing space.
The big investor want to invest in the Bhiwandi region are commercial developers, like e-Shang Redwood, Indo Space and Ascendas-Singbridge, and based Embassy Group. Indian logistics developer set to sign two large land deals in Bhiwandi for Amazon; Indian logistic CEO said The Company plans to build industrial parks focused on warehousing for retailers and e-commerce firms. If signed, Indian logistics will become the first global institutional developer to enter the region.
According to Warehousewale, there is a massive demand-supply gap in the region due to lack of good quality Top Warehouse for rent in Bhiwandi. We are putting a lot of focus on BTS/Built to Suit Warehouse rent in Bhiwandi or BTS warehouse rent in Bhiwandi Interest in the Bhiwandi warehouse for rent area has picked up in the past two years. Bhiwandi landscape will change with organized, big players coming in.
Infrastructure play big role:
Modern infrastructure to both cities Mumbai and Pune, as it is situated along the warehouse for rent in Mumbai-Nashik highway, have boosted Bhiwandi chances of becoming a major warehouse for rent hub.
Warehouse in Bhiwandi intersects Mumbai right through the middle. This is a location, where, if you have a major distribution hub, you can reach both north and south Mumbai with equal ease.
Company want warehouse for rent in Bhiwandi-
Flipkart and Amazon have been operating in the area for six years. While Amazon has six fulfilment centres in Bhiwandi, spread across 1.2 million sq. ft., Flipkart facility is around 3.4 million sq. ft.With around 5000 employees, Flipkart Bhiwandi facility is the largest in the western region.
In the six years of operation, the facility has grown in line with the scaling of our business and the increased adoption of e-commerce in India, said a Flipkart spokesperson.
For online furniture retailer Pepperfry, the 350,000 sq. ft warehouse in Bhiwandi is its big distribution hub, with a capacity to accommodate around 90,000 boxes.