Realestate Realtors’ Post

India’s Warehouse Market Booms: 8% Growth and $1.6 Billion Investments in 2024! India’s warehouse leasing sector is growing fast! In the first half of 2024, the industry saw 8% growth, with 16.6 million sq. ft. of warehouse space leased. Key Highlights: 1.16.6 Million sq. ft. Leased: Demand for warehouse space is rising, especially from Third-Party Logistics (3PL) companies and manufacturers, making up 39% and 22% of total leasing. 2.Mumbai & Pune Lead: These two cities contributed to 63% of the total leasing, with Mumbai alone taking 41%, driven by high demand in Bhiwandi and Panvel. 3.Southern Cities Growing Fast: Chennai and Bengaluru showed strong growth, with Chennai seeing a massive 191% jump compared to 2023. 4.NCR Falls Behind: The National Capital Region saw a big 74% drop in leasing activity, as demand shifted to other regions. Looking Ahead: Continued improvements in infrastructure are expected to lower logistics costs, boosting the warehousing industry even more in the coming years. India’s warehouse sector is on the rise, offering big opportunities for both local and global businesses! #WarehouseLeasing #Logistics #Investments #RealEstate #IndiaGrowth #SupplyChain

The warehousing and logistics sector in the Chennai market has been gaining momentum over the past few months. Absorption in Q1 2024 almost doubled as compared to the same period last year. Chennai led the leasing activity in the first quarter, followed by Mumbai and Delhi-NCR. Technology integration and state-of-the-art facilities at modern warehouses are making the sector more attractive, particularly for 3PL, FMCG, retail, and engineering players who drive the demand. Vijaya Ganesh shares his take with The Times Of India. Read the detailed findings in our research report here: https://ow.ly/kzEx50RXP0U #ColliersIndia #IndiaRealEstate #industrial #warehousing #ColliersResearch #logistics #industrialleasing

The industrial and warehousing sector had a promising first quarter, as supply touched nearly 7 million sq.ft. Leasing in Chennai almost doubled in Q1 2024, compared to the same time last year, and Mumbai was not far behind. This healthy growth witnessed in the segment is largely driven by 3PL, manufacturing, engineering, and FMCG players. Check out more #insights here: https://ow.ly/q6u950RjxuA #ColliersIndia #IndiaRealEstate #industrial #warehousing #logistics #industrialspace #india #ColliersResearch #industrialinsights Vijaya Ganesh Vimal Nadar

📊 Warehouse Absorption Surges and Drops: What's Going On? 🚚https://lnkd.in/dvXQufbZ In an unexpected twist, the warehousing and logistics sector saw both remarkable growth and significant declines in H1 2024! While Mumbai and Pune drove a staggering 63% of total absorption, regions like NCR experienced a shocking 77% drop. Discover the dynamic shifts and what they mean for the future of warehousing in India! #Warehousing #Logistics #RealEstateTrends Vestian 🔑 Key Points: ✨ #Mumbai & #Pune: Dominated with 63% of total #warehousing absorption. ✨ #DelhiNCR: Faced a dramatic 77% decline. ✨ Overall: Sector saw an 8% annual increase but a 26% drop from H2 2023. ✨ 3PL Sector: Leading with a 39% share in absorption. ✨ #Chennai & #Hyderabad: Notable increases in warehousing demand.

The logistics & industrial sector witnessed robust leasing led by 3PL and manufacturing tenants, especially in cities like Chennai and Mumbai. Overall the demand for warehousing saw an upward trend in the second half of 2023, leading to higher rentals in most cities. For more market insights read our MarketBeat Reports: https://lnkd.in/dmG8qcJb #industrial #logistics #marketbeat #report #cushmanandwakefield Gautam Saraf Abhishek Bhutani

In the first half of 2024, third-party logistics (3PL) players have significantly influenced industrial and logistics leasing, as retail, e-commerce, and manufacturing sectors increasingly outsource inventory and delivery functions to reduce costs and lead times. Despite a total leasing volume of 16.6 million square feet across major cities reflecting a slight decline, a rebound is anticipated in the latter half of the year due to new market entrants and high-quality supply. Anshuman Magazine from CBRE predicts sustained growth driven by diverse sector demands and the finalization of pending deals. The government’s initiatives, particularly the Production Linked Incentive (PLI) scheme, are expected to bolster domestic manufacturing and attract institutional investment. Although supply additions dropped by 16% to 15.5 million square feet, major cities like Chennai, Bengaluru, and Mumbai accounted for over half of this supply. Notably, FMCG and e-commerce sectors are projected to increase their leasing activity in response to the festive season, with Bengaluru, Delhi-NCR, and Kolkata leading in leasing activity during this period. #IndustrialLogistics #3PL #Logistics #SupplyChain #Ecommerce #Retail #Manufacturing #Warehousing #LogisticsLeasing #SupplyChainManagement #RealEstate #LogisticsIndustry #Infrastructure #BusinessGrowth #MarketTrends #CommercialRealEstate #LogisticsSolutions #Investment #EconomicGrowth #LogisticsNews

The Industrial and Warehousing segment recorded a 48% YoY rise in leasing, touching 6 million sq.ft. Among the top 5 cities, Delhi NCR and Chennai cumulatively led the demand, driven by 3PL and engineering players. Our latest Q2 2024 India Industrial and Warehousing Market Snapshot takes a detailed look at the factors driving this healthy momentum. Download the report here - https://ow.ly/hn6c50SLXck #ColliersIndia #IndiaRealEstate #ColliersResearch #researchreport #industrialdemand #warehousing #industrialleasing Vijaya Ganesh Vimal Nadar Sukanya Dasgupta Suryaneel Das Shreeda Goel Satnam Singh

Logistics is essential to businesses because it ensures that goods are delivered to the right place, at the right time, and in the right condition. 1. Timely Delivery: A clothing retailer in Mumbai must have the latest fashion items available for the festive season. Efficient logistics ensures these items are transported from factories to the store on time, avoiding stockouts and keeping customers happy. 2. Cost Efficiency: An electronics company in Bengaluru imports components from China. Good logistics management helps the company consolidate shipments, reducing transportation costs and import duties, thus saving money. 3. Inventory Management: A supermarket chain in Chennai relies on a steady supply of perishable goods like fruits and vegetables. Effective logistics ensures these items are delivered fresh and frequently, reducing waste and maintaining stock levels. 4. Market Expansion: A local handicrafts business in Jaipur wants to sell its products across India. Robust logistics allows them to ship their products efficiently to customers in distant cities like Delhi and Kolkata, helping the business grow. 5. Customer Satisfaction: An e-commerce platform in Hyderabad promises fast delivery to its customers. Reliable logistics ensures packages are delivered quickly and safely, leading to happy customers and repeat business. 6. Supply Chain Coordination: A car manufacturer in Pune needs parts from various suppliers. Effective logistics ensures that all parts arrive at the assembly plant in the right sequence and on time, keeping the production line running smoothly. In essence, logistics is the backbone of businesses, enabling them to operate smoothly, save costs, expand their reach, and keep customers satisfied. #Logistics #SupplyChain #BusinessGrowth #TimelyDelivery #CostEfficiency #InventoryManagement #MarketExpansion #CustomerSatisfaction #EfficientLogistics #IndianBusiness #LogisticsManagement #SupplyChainSolutions #Ecommerce #RetailLogistics #FreshSupply #ManufacturingLogistics #TransportSolutions #ChennaiBusiness #MumbaiBusiness #BangaloreBusiness #HyderabadBusiness

Indian I&L sector in H1 2024 continues to be driven by Third-party logistics players in a big way with absorption share of nearly 40%. At the same time Bengaluru, Delhi-NCR, and Kolkata were the dominant cities together accounting for almost 60% of total leasing. For a detailed analysis of trends and to understand specific market level dynamics, download our latest report here . Connect with our experts for customized industrial and logistics solutions, click here -  Anshuman Magazine | Ram Chandnani #LogisticsIndAnshuman MagazineteTRam Chandnaniuru #DelhiNCR #Kolkata #MarketAnalysis #CBREIndia #TogetherCBRE

Industrial and warehousing leasing activity across the top five cities remained buoyant during Q1 2024 at 7 million sq ft. Amidst steady leasing, new supply too inched towards 7 million sq ft during Q1 2024, the highest in the last two years. Key highlights of the report include: During the quarter, Mumbai and Chennai led the demand with 27% share each. Third-party logistics players (3PL) continued to be the top occupiers, contributing to over 40% of the overall quarterly demand. The cumulative share of demand from retail, engineering and automobile players rose from 26% in Q1 2023 to about 40% in Q1 2024. At 11%, by the end of the first quarter, vacancy levels increased by 120 bps as compared to Q4 2023. #Colliers #Industrial #Commercial #Realestate #warehouseleasing #industrialleasing #indiarealestate #indiaindustrail #makeinindia