India, Feb. 5 -- India's warehousing sector has surpassed 610 million sq ft of total stock as of 2025, with the top eight Tier I markets, NCR Delhi, Mumbai, Pune, Bengaluru, Chennai, Hyderabad, Ahmedabad and Kolkata, accounting for 82% of the total stock at 498 million sq ft, a report by JLL said on Feb 5.
The 14 emerging Tier II cities, including Lucknow, Chandigarh-Rajpura, Kochi and Nagpur, together hosted 112 million sq ft. While Tier I cities recorded a net absorption of 55 million sq ft in 2025, Tier II cities saw 12 million sq ft of absorption, a JLL report said.
India's warehousing market is on course for 28% growth over the next five years, with total stock projected to reach 850 million sq ft by 2030, adding 240 million sq ft,...
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