Curation Team
Amazon has signed a built-to-suit (BTS) lease deal for a 600,000 sq ft facility at Oswal Logistics Park in Kolkata, further reinforcing its aggressive supply chain expansion in India. The facility will comprise a 400,000 sq ft plinth area and 200,000 sq ft mezzanine area, with handover expected between 2027 and 2028.
The e-commerce firm will pay about Rs 32 per sq ft in monthly rent, marking one of the higher-end rental agreements in Kolkata’s increasingly competitive warehousing market, showed registered lease documents.
“The BTS facility at Oswal Logistics Park is expected to incorporate state-of-the-art automation and fulfilment systems, aligning with Amazon’s global standards for efficiency and scale,” said a person familiar with the deal.
Amazon and Oswal could not reached for comment.
The move underscores Amazon’s continued push to strengthen its last-mile delivery infrastructure and cater to rising order volumes across Tier 1 and Tier 2 cities.
Earlier in 2025, Amazon leased over 800,000 sq ft in Delhi NCR, including 550,000 sq ft at Welspun Logistics Park, Luhari, and 300,000 sq ft at Indospace Logistics Park along the Sohna-Palwal Road.
These deals reflect the US company’s long-term strategy to cement its dominance across key consumption corridors, bolstered by improving connectivity and scalable infrastructure.
“Amazon’s recent warehouse transactions are a strong indicator of its bullish outlook on India’s long-term consumption growth,” said the person cited above. “As the company continues to localise inventory and enhance delivery speeds, its real estate strategy will remain a critical competitive advantage.”
Amazon’s leasing spree coincides with an all-time high demand for industrial and warehousing space in India. According to a recent Colliers India report, the first half of 2025 saw 20 million sq ft getting leased in the top eight cities, a 33% year-on-year growth. Delhi-NCR and Chennai emerged as dominant hubs, jointly contributing to about half of the total demand.
“Kolkata’s industrial and warehousing sector recorded steady growth in H1 2025, with a 43% year-on-year increase in Grade A space absorption, reaching 1.0 million sq ft compared to 0.7 million sq ft in H1 2024,” said Vijay Ganesh, managing director, industrial & logistics services at Colliers India.
The June quarter alone accounted for 500,000 sq ft of gross leasing. While Kolkata’s leasing volume is relatively modest compared to cities like Delhi NCR and Mumbai, its consistent upward trend signals strengthening demand, driven by expanding activity in segments such as 3PL, e-commerce, and engineering.
On the supply side, Kolkata saw a marginal stagnation. Grade A new supply during H1 2025 stood at 1.3 million sq ft — the same as in H1 2024 — with a 20% dip in Q2 2025 compared to a year earlier.
Across the top cities, large deals over 200,000 sq ft—like Amazon’s latest transaction—accounted for 51% of leasing across India’s top cities in H1 2025. While 3PL firms continued to dominate, e-commerce, engineering, and auto sectors also showed significant interest in scalable, compliant warehousing spaces.
