Industrial and warehousing space leasing hits record 59.1 mn sq ft in top 24 cities during Jan-Sep

Industrial and warehousing space leasing reached a record 59.1 million sq ft across India's top 24 cities from January to September, propelled by strong demand from light manufacturing, e-commerce, and third-party logistics sectors.

Tier-I cities accounted for 47.2 million sq ft of this leasing activity, demonstrating the continued concentration of industrial demand in major metropolitan areas. The surge reflects ongoing shifts in consumption patterns and optimization of supply chains across the country.

Fresh supply additions climbed to 68.9 million sq ft during the same period, signaling robust market momentum and expansion opportunities. The growth indicates sustained investor confidence and developer activity in India's industrial real estate segment.