According to property documents accessed by CRE Matrix, DHL Supply Chain has leased a 2.4 lakh sq ft commercial facility in Karnataka's Hoskote region at a monthly rent of ₹56.4 lakh. The property is located in Ekarajapura Village, Sulibele Hobli, Hoskote Taluk, Bengaluru Rural district, and has been leased from M/s Saviraj Logistics. The agreement was registered on July 10, 2026.
As reported by CRE Matrix, the lease terms include ₹23.50 per sq ft per month for the chargeable area of 2,40,000 sq ft. The five-year lease will commence from August 1, 2026, though rent payments will start from November 1, 2026. This structure provides DHL with a three-month rent-free period from August 1 to October 31, 2026. The lease also includes a security deposit of ₹2.256 crore and carries a three-year lock-in period. The total lease value amounts to ₹37 crore over five years.
According to the lease details, the facility translates to an annualised rental outgo of ₹6.77 crore once rent commencement begins, before accounting for the annual escalation. The agreement includes annual rent escalation of 4.5% and CAM charges included in the monthly rent. The lease structure provides DHL with a long-term facility for its supply-chain operations while offering the lessor greater occupancy visibility.
As reported by CRE Matrix, the transaction reflects the continued demand for large warehousing and logistics facilities in Bengaluru and its peripheral industrial corridors. Hoskote, located on the eastern side of the Bengaluru metropolitan region, has emerged as an important logistics and industrial location, supported by its connectivity to the city and major transport routes. The lease demonstrates the strategic importance of this location for supply chain operations, with Hoskote emerging as a key logistics hub amidst growing demand for warehousing in Bengaluru's commercial market.
