New Delhi, June 21 -- Private equity (PE) funds altogether pumped nearly USD 9.7 bn into Indian real estate between Q1 2017 and Q1 2019 - but into more sectors than the 'usual suspects' of commercial and residential projects. Logistics & warehousing is a bright new spot on the Indian real estate heatmap.

Infrastructure status, the multi-modal logistics park policy and implementation of GST has caused private equity firms to take greater interest in logistics and warehousing sector. Private equity funds altogether pumped in excess of USD 1.1 bn in logistics and warehousing sectors between Q1 2017 to Q1 2019 as against zero investments during 2015 and 2016 combined.

Interestingly, the Southern cities of Bengaluru, Chennai and Hyderabad saw ...