India, Nov. 19 -- DHL Supply Chain India Pvt Ltd has leased approximately 4.28 lakh sq ft of warehouse space in Chennai for a monthly rent of Rs.96.64 lakh in Indospace Industrial & Logistic Park, Vishnuvakkam, registration documents accessed by Propstack showed.

The logistics provider has leased the space at Rs.22.55 per sq ft per month for a year. The lease covers a carpet area of 4.05 lakh sq ft, according to the document.

The lease, which commenced in October, includes a deposit of Rs.5.80. crore. The company has leased the property from the landlord, Shirina Industrial & Logistics Park Private Ltd, as per documents.

The lock-in period for the transaction is six months, as indicated by the documents signed on October 17. DHL paid a...