Despite unfavourable socio-economic environment, warehousing stock in top 8 cities has added 27 million sq. ft to reach a total of 238 million sq. ft. in 2020 and demand is expected to grow around 160% to reach 35 million sq....
Structural reforms including the awarding of infrastructure status and the implementation of Goods and Services Act, have bolstered the demand for logistics and warehousing space in the country. As a result, demand has outstripped the supply according to JLL’s...