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Warehousing, logistics space leasing down 9% across 7 cities in Jan-June

Increasing inflation and global headwinds from geopolitical conditions impacting the supply chain ecosystem and business environment. Delhi, Pune, Mumbai judges for for 56 %share of the total absorption during the year. Following are the snap shots with respect to current trends on warehousing space:

1. Whereas on the trends and outlook it has been increased over non metro center for warehousing and logistics space.

2. E-commerce players and manufacturing companies are strengthening their last-mile delivery supply chain to be close to customers and industrial areas.

3. The Delhi-NCR market saw leasing of 2.8 mn sq. ft, Pune 2.45 mn sq. ft, Mumbai 2.17 mn sq. ft ,Bengaluru 1.8 Mn Sq .ft, Chennai 1.5 mn Sq.ft, Hyderabad 1.4 mn Sq. ft, and Kolkata 1.04 mn Sq .ft,

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