Big news about Zomato – deal for new office for ₹95 crore
Eternal Ltd (formerly Zomato Ltd), the parent company of food delivery app Zomato, has leased about 84,157 sq. ft. of office space in R Square building in Andheri East, Mumbai. This information has come to light from the lease documents released by CRE Matrix (real estate data analytics firm).
Key points of lease deal
Total area: 84,157 sq.ft
Monthly rent: ₹1.34 crore (₹160 per sq.ft)
Total rent for 5 years: ₹95 crore (including common area maintenance)
Rent hike: 15% after 36 months
Lease period: Starting from 1 May 2025, is for 5 years.
Parking slots: 57
In February 2025, Zomato Ltd changed its name to Eternal Ltd. The name reflects the company’s diverse business, which includes.
Zomato: Food delivery
Blinkit: Quick-commerce platform
Hyperpure: B2B supply chain
District: Events and ticketing service
Why is presence in Mumbai important?
Mumbai is a key market for the company’s diverse business units – especially quick-commerce and events. Earlier, Eternal has taken office spaces in other cities of India, but this is believed to be the largest lease deal in Mumbai till date.
Preparation for expansion and workforce – This office space will help Eternal Ltd not only diversify operations but also accommodate the rapidly growing workforce. The company’s strategy is no longer limited to just food delivery, but is also taking together tech, supply chain, events and retail.
This lease deal by Eternal Ltd shows that the company is now moving rapidly towards establishing itself as a multi-service brand in India with a vision of “beyond Zomato”.
This new presence in Mumbai is a sign of its business depth and future readiness.
