FM India Supply Chain Private Limited, a leading logistics and warehousing solutions provider, has leased 1.31 lakh sq ft of industrial space at Lodha Industrial Park, located in Palava City, Thane district, near Mumbai. As per documents accessed by CRE Matrix, the transaction is valued at over ₹33 crore, reflecting the rising demand for Grade A industrial and logistics facilities across the Mumbai Metropolitan Region (MMR).
Palava Induslogic 4 Private Limited, a subsidiary of Lodha Developers, owns the leased premises. As per the property documents, the lease agreement was registered on October 28, 2025, with a five-year tenure.
The agreement specifies a starting monthly rent of ₹50.37 lakh and a security deposit of ₹2.65 crore, along with provisions for annual rental escalation. This translates to a rent of approximately ₹31.60 per sq ft per month. The tenant is also liable to pay common area maintenance (CAM) charges amounting to over ₹2.11 crore.
The company paid a stamp duty of ₹1.78 lakh at the time of registration.
Located strategically near major transport corridors and industrial hubs, Lodha Industrial Park in Palava City is emerging as a preferred logistics destination for occupiers seeking high-quality infrastructure, efficient connectivity, and operational scalability.
The transaction further reinforces the strong leasing momentum in the industrial and warehousing segment across MMR, driven by the expansion of e-commerce, 3PL, and manufacturing players.
Elevate your decisions in real estate as a developer or broker with CRE Matrix‘s data-driven insights. Book a demo now!