Monthly average rent of warehousing space in Delhi-NCR up nearly 20% in first half of 2023: Report
In their joint report released on Thursday, Credai and CRE Matrix highlighted that the Grade-A warehousing stock crossed 163 million square feet in the first half of 2023, owing to rapid industrial growth.
During January-June period, the demand for Grade A warehousing space stood at 13 million square feet, whereas supply stood at 9.4 million square feet across six major cities. Image Courtesy: Freepik.