n a move that underlines Mumbai’s rising appeal beyond traditional commercial hubs, Amazon India group entities have secured over 1.14 lakh sq. ft. of prime office space in the city’s eastern suburb, Vikhroli.
This strategic five-year lease, registered on April 30, 2025, spans four different agreements, reflecting Amazon’s growing commitment to Mumbai’s evolving commercial landscape.
A Deep Dive into the Deal
Starting from January 1, 2025, the lease terms feature a 5% annual rent escalation — a standard yet strategic move in Mumbai’s competitive real estate market. The total starting rent for these agreements exceeds ₹1.73 crore per month, signifying a substantial investment in building a robust operational presence.
Here’s a quick breakdown:
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Amazon Seller Services: 42,700 sq. ft. | ₹78.56 lakh/month | 37 car parks
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Amazon Development Centre India: 19,926 sq. ft. | ₹36.66 lakh/month
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Amazon Data Services India: 16,447 sq. ft. | ₹30.26 lakh/month
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Amazon Smart Commerce Solutions: 15,181 sq. ft. | ₹27.93 lakh/month
Importantly, each entity benefits from a generous mix of free and paid parking — 133 slots in total, with 100 offered free of charge.
Why Vikhroli?
The shift towards Vikhroli, once considered a purely residential suburb, shows the city's growing decentralization. Traditionally, companies favored areas like BKC (Bandra-Kurla Complex) and Lower Parel, but rising costs and limited space are pushing businesses eastward.
Vikhroli now offers a unique blend of modern office infrastructure, strategic location, and relatively lower occupancy costs — making it a sweet spot for tech giants like Amazon aiming for expansion while maintaining operational efficiency.
What This Means for Mumbai’s Real Estate Market
Amazon’s expansion signals a long-term vote of confidence in Mumbai's eastern suburbs. This move is likely to spur:
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Further corporate migration to Vikhroli and neighboring areas
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A spike in commercial property valuations
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Increased infrastructure development, such as better connectivity and urban amenities
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A broader shift in Mumbai’s commercial geography from the west and south to the east
The Bigger Picture
This lease transaction not only strengthens Amazon’s foothold in India but also sets the tone for future commercial real estate trends in Mumbai. As global and domestic companies look beyond traditional CBDs (Central Business Districts), suburbs like Vikhroli, Powai, and Ghatkopar could become the next big commercial hotspots.
