How to Rent your Property to BigBasket?
Tata BigBasket is India’s one of the largest online grocery superstores. This year tata acquired a majority stake in Big basket and through it, tata entered the highly competitive online grocery market. BigBasket was founded by Hari Menon, VS Sudhakar, V S Ramesh, Vipul Parekh, and Abhinay Choudary launched it in 2011. Its main office is in Bengaluru.
To make things simpler, Bigbasket has developed its godowns and warehouses in a few places. In order to deliver the groceries on time, the business also contracted with about 2000 grocery retailers. This is the best arrangement the business has ever made, and it raises customer favorability for Bigbasket.
BigBasket, an online grocery, and food delivery service, got a significant volume of orders while the nation was under a coronavirus quarantine.
How Many Storage Facilities Does BigBasket Own?
BigBasket currently has 33 warehouses in total. The warehouses are typically 100,000 square feet in size. In Bangalore, a fourth warehouse will be built. It will be about 170,000 square feet. They are gradually increasing our warehouses’ average size from 100,000 square feet to 150,000 square feet.
BigBasket Warehouses Coming Across India
The largest online supermarket in India now delivers to 18 new Tier 2 and Tier 3 cities, including Bhubaneswar, Guwahati, Jamshedpur, Anand, Rajkot, Ambala, Tiruvallur, Chengalpattu, Raipur, Bhilai, Allahabad, Kota, Kakinada, Nashik, Kolhapur, Rajahmundry, Amravati, and Tumkur. This expansion of pan-Indian coverage occurred in the past year.
Requirement of Big Basket For Their Warehouse
- There should be at least two separate restrooms for male and female employees.
- The floor of the warehouse should be kept in good condition.
- There ought to be two entry and exit points.
- You should get NOC for the rental space you’re offering.
- Commercial or warehousing use of the site should be permitted.
- The building ought to have an approved layout.
- The warehouse should have a minimum area of 15,000 square feet.
- The roof’s height should not be less than 28-30 feet.
CONCLUSION
Since the world has been affected by the deadly virus there has been an increase in people buying stuff online. During the lockdown, people were confined in their homes and had to manage their daily needs with the help of companies that provide the services via home delivery.
The market for Bigbasket has increased a lot, and investing in a warehouse according to the needs of the big basket so that these warehouses could be used as their storage facility will be a great option and you can earn a lot of profit by just leasing your property to such companies.
