Avenue Supermarts Ltd, operator of the DMart retail chain, has purchased over 70,000 sq ft of commercial space in Thane. ₹₹99.27 crore, according to property registration documents obtained by CRE Matrix.
The transaction involves purchase of ground, first, second and third floors with upper basement parking in Kolshet area of Thane. Property registration documents show that the total area acquired is 6,530.86 square meters or approximately 70,298.18 square feet.
As per property registration documents, the commercial property has been purchased from Regency Shelters LLP, for which the buyer has paid stamp duty ₹6.94 crore, and the transaction was registered on June 30, 2026.
Documents reveal that the property also includes 46 car parking spaces and 47 parking spaces for two-wheelers.
An email query was sent to DMart. Story will be updated upon response. Regency Shelters LLP could not be reached for comment.
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What is DMart?
DMart is a national supermarket chain that offers customers a range of household and personal products under one roof. The company offers products focusing on food, non-food (FMCG) general merchandise and apparel product categories.
According to company data, its first store opened in Mumbai in 2002 and it had 387 stores by December 31, 2024. DMart has stores in several states in India, including Maharashtra, Gujarat, Telangana, Andhra Pradesh, Karnataka, Tamil Nadu, Madhya Pradesh, Rajasthan, Punjab, NCR, Chhattisgarh and Daman.
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Recent Transactions by DMart
In June 2026, DMart acquired multiple properties across multiple floors of a commercial building in Bengaluru ₹₹106.2 crore, according to property registration documents obtained by CRE Matrix.
The documents reveal that the acquisition pertains to a commercial building identified as Block-A, located at Panathur Village, Varthur Hobli, Bengaluru East.
As per the documents, the built-up area of the property is approximately 1.70 lakh square feet and includes undivided land portion of 4,046.85 square metres, which is approximately equivalent to 43,560 square feet.
In May 2026, billionaire investor and DMart founder Radhakishan Damani’s company, Deriv Trading & Resorts Pvt Ltd, leased a luxury apartment in Worli, Mumbai, to One SGG Ventures LLP, a unit of Sanjay Ghodawat Group, on monthly rent. ₹27.5 lakh, according to property registration documents obtained by Zapkey, making it one of the most expensive residential rental deals in the city.
Located on the top floor of Oberoi Three Sixty West, a premium residential tower in Worli, the luxury apartment spread over 6,831 sq. ft. is leased for a tenure of 5 years with a 5% annual escalation clause, eliminating the total rental commitment. ₹Documents show that Rs 18 crore was spent during the lease period.
In December 2025, Adani Logistics Ltd, the logistics and warehousing arm of Adani Group, leased 66,250 sq ft of warehousing space to DMart (Avenue Supermarts Ltd) at Dharna Camp in Raigarh district near Mumbai, with a total rent of more than Rs. ₹100 crore for about 28 years, according to property registration documents obtained by CRE Matrix.
