India, Aug. 8 -- India's warehousing sector recorded an absorption of 18.9 million sq ft across the top seven cities in the first half of 2025, even as average rentals remained stable between Rs.18- Rs.31 per sq ft per month, according to a report by real estate consultancy Vestian.Pune led the market with the highest rental value at Rs.31 per sq ft per month, driven by strong demand from the 3PL, automotive, engineering, and manufacturing sectors. The city saw a 34% increase in rentals on a half-yearly basis and a 13% jump year-on-year, particularly in high-demand submarkets like Khed and Chakan. Limited land availability and rising land costs also contributed to the surge in transaction values.

In contrast, Mumbai reported the lowest a...