Warehouses In India

₹92 lakh monthly rent! DHL takes 4.2L sq ft warehouse on lease in Bhiwandi

The property has been leased from Merriment Properties Private Limited at a starting monthly rent of Rs 9.19 lakh, translating to ₹22 per sq. ft. The transaction includes a security deposit of ₹2.76 c

India's warehousing sector sees absorption rebound on demand resurgence

Key micro-markets saw an increase in leasing activity, with e-commerce and 3PL players gaining momentum

Fresh supply of industrial, warehousing spaces up 6% in Jan-Sep: Colliers

New supply of premium industrial and warehousing spaces rose 6 per cent during the January-September period across the top eight cities, as builders look to expand portfolio to meet rising demand, according to Colliers. Real estate consultant Colliers India's latest data suggests that the fresh supply of industrial and warehousing spaces grew to 28.8 million square feet during the first nine months of this calendar year from 27.1 million square feet in the year-ago period. The data pertains to Grade A buildings. Delhi-NCR, Chennai, and Mumbai together accounted for nearly two-thirds of the total new supply. "The majority of the new completions were concentrated in NH 16 - Chennai, Bhiwandi - Mumbai and Luhari & Farukh Nagar micro markets of Delhi NCR, indicating the continued preference for well-connected localities with strong infrastructure linkages," the consultant said. As per the data, the new supply in Delhi-NCR increased 18 per cent to 9 million square feet during ...

Warehousing companies torn between rising demand and flat rentals

Despite strong demand from e-commerce and 3PLs, rising land and construction costs are squeezing margins, pushing developers to seek private equity, Reits, and InvITs

Welspun One to invest ₹2,150 cr for warehouses across Karnataka, Tamil Nadu

Welspun One Logistics Parks expands Karnataka and Tamil Nadu portfolio to 260 acres with Rs 2,150 crore investment, targeting 6 msf development in high-potential corridors

Delhi-NCR sees 10% fall in rentals of warehousing in Jan-Jun: Vestian

Delhi-NCR has witnessed a 10 per cent decline in rentals of warehousing during the first six months of this year, according to Vestian. Real estate consultant Vestian said the rentals of warehousing spaces in the NCR region contracted significantly by 10 per cent annually to Rs 21 per square feet a month. "This decline could be attributed to a large share of leasing, around 60 per cent, recorded at rates below the city's average rent," the consultant said in a statement on Friday. The average rental values across the top seven cities remained largely stable, ranging between Rs 18-31 per square feet per month. Pune commands the highest rental of Rs 31 per square feet per month, driven by strong demand from 3PL, automotive, engineering, and manufacturing sectors. The rentals rose 13 per cent year-on-year during the January-June period in Pune. Mumbai region commands the lowest rentals of Rs 18 per sq ft per month amongst the top seven cities. The rentals fell 2 per cent annually in

Ascendas Firstspace looking to enter qcom logistics warehousing mkt

Warehouses or dark stores larger than 3,000 sq ft would lead to longer time durations for quick commerce deliveries, affecting the business cases for players like Blinkit, Zepto, Instamart and others

Zomato Hyperpure leases over 250k sq ft warehouse in Lodha Industrial Park

The lease agreement is for five years, commencing on February 15, 2025

Speedy Multimodes renews 6-year partnership with Central Warehousing Corp

Multi-modal logistics operator Allcargo Terminals subsidiary Speedy Multimodes has renewed partnership with Central Warehousing Corporation (CWC) Mundra for six years to ensure continued services at its container freight station (CFS). As one of two strategically located facilities operated by Allcargo Terminals in Mundra, the CFS is well-equipped to provide flexible solutions and the required capacity to meet the rapidly growing export-import trade demands at this key port, Allcargo Terminals said. "The renewal of contract with Central Warehousing Corporation ensures that our customers will continue to avail our comprehensive services at our Mundra CFS. In line with the Indian Maritime Vision 2030 which aims to build India's leadership in the global maritime trade, we will continue to offer an effective gateway into India's hinterland to meet the emerging demand," Allcargo Terminals Chief Executive Officer Ashish Chandna said. Spread over 56 acres and well-equipped with 2 lakhs sq

Industrial, warehousing leads with $2.5 bn in 2024 realty investments

Office segment investments surged 36% to $2.3 bn, residential rose 46% to $1.1 bn

IFC invests Rs 630 cr in NDR InvIT to bolster sustainable warehousing

India's warehousing sector is crucial for economic growth, supporting e-commerce, manufacturing, and the seamless movement of goods across industries, said Imad Fakhoury, IFC's Regional Director

Pristine Value Logistics to set up 165,000 sq ft warehouse area at Bhiwandi

Logistics operator Pristine Value Logistics on Thursday said it has signed a long-term lease agreement with the Antariksh Group for acquiring 165,000 sq ft area at Bhiwandi to commission a warehousing facility. The Grade A built-to-suit multi-client warehouse is expected to be operational by March next year, a company statement said. "We are growing our warehouse capacity to meet the rising demand and to ensure our customers get efficient, customised and scalable solutions. The expansion strategy is in sync with the overall outlook of the group to become an end-to-end logistics and supply chain service provider," said Sanjay Mawar, Director, Pristine Value Logistics and Pristine Logistics & Infraprojects Ltd. The mega warehousing facility adopts a plug-and-play model, allowing clients to scale and adjust operations with ease, the statement added. This expansion will strengthen Pristine Value Logistics' service delivery capabilities to cater to varied customers across industry ...

Blackstone Group emerges as highest bidder for LOGOS India at Rs 1,200 cr

Blackstone was among ten bidders for the portfolio of warehouses that covered nearly 5 million square feet

Industrial and warehousing leasing up 17% growth in 9 months: Report

The 3PL segment accounted for 35% of the total Grade A space uptake in the first three quarters of CY 2024

Horizon Industrial Parks to invest Rs 700 cr to redevelop CWC's warehouses

Logistics platform Horizon Industrial Parks, owned and managed by Blackstone Real Estate funds, will invest Rs 700 crore to redevelop warehouses of state-owned CWC in 13 locations. In a statement on Monday, the company said it has been "chosen as the lead partner by the Central Warehousing Corporation (CWC) to manage a portfolio of 13 last-mile logistics assets". The CWC is a public warehouse operator established by the central government under the Ministry of Consumer Affairs, Food & Public Distribution. During the 45 years of partnership, Horizon Industrial Parks will redevelop the government-owned assets into modern Grade-A facilities, tailored to tenants in fast-growing sectors like e-commerce, retail, third-party logistics, and cold chain. "With a development potential of 2.4 million square feet, this is one of the largest last-mile logistics portfolios in India. The investment commitment is expected to be around Rs 700 crore to support the growth of the portfolio," it ...

3PL in Chennai, Delhi-NCR drive industrial & warehousing demand in H1FY24

First half of 2024 has witnessed 13 million sq ft of leasing activity, representing a 17 per cent year-over-year growth with Delhi NCR and Chennai leading the charge, says Colliers report

Agri-warehousing needs attention

India's growth story remains incomplete without a modern, trustworthy, and efficient agri-warehousing ecosystem backed by an assertive and supportive regulatory environment

Warehouse developers scramble for land in India as firms look beyond China

Prime targets are firms looking to expand manufacturing facilities beyond China as tension with the United States and other countries takes off some of its shine

Warehousing & logistics sector resilient amid investment drought: Vestian

Vestian stated that the sector received investments worth $646 million in 2023, accounting for 15 per cent of the total institutional investment received in the real estate sector

Boeing opens warehousing facility in UP's Khurja for parts supply

US aircraft maker Boeing on Monday announced the opening of a warehousing facility at Khurja in Uttar Pradesh for parts supply. The 36,000-sq ft India Distribution Centre, being operated in collaboration with third-party logistics provider DB Schenker, will support regional aviation customers in maintaining higher fleet utilisation, the company said in a statement. The new India location is one of eight distribution centres around the world that holds and ships spare parts specifically for Boeing's commercial customers, it said. "This centre will support the emergent needs of spare parts for Boeing aircraft in India, reducing lead times, improving availability, and supporting the MRO industry here," Boeing India President Salil Gupte said. Boeing had announced its investment in the distribution centre during the Aero Show in Bengaluru early last year. The first batch of the parts from the facility were shipped to customers in December 2023, it said in the statement. The aircraft