+
Warehousing transaction volumes scale record high, growing 62 per cent YoY
WAREHOUSING & LOGISTICS

Warehousing transaction volumes scale record high, growing 62 per cent YoY

Warehousing leasing across the top eight markets of India has recorded a historic high in transactions in FY22 at 51.3 million sq ft. Leasing transactions catapulted by 62 per cent YoY surpassing the previous, pre-covid peak, thus setting a fresh benchmark as occupiers revived expansion ...

Warehousing leasing across the top eight markets of India has recorded a historic high in transactions in FY22 at 51.3 million sq ft. Leasing transactions catapulted by 62 per cent YoY surpassing the previous, pre-covid peak, thus setting a fresh benchmark as occupiers revived expansion plans shaking off the last vestiges of the pandemic. While NCR and Mumbai led the market in terms of the overall transaction volumes during FY22, Pune and Hyderabad witnessed the highest percentage growth in annual transacted volumes at 166 per cent and 128 per cent YoY respectively. According to Knight Frank India’s report, ‘India Warehousing Market Report – 2022’, which has also assessed the warehousing activities in 18 secondary markets across India. Almost all sectors have demonstrated phenomenal growth in warehousing demand during FY22. The third-party logistics (3PL) sector, which constituted 31 per cent of all transactions, leased 14.9 mn sq ft of warehousing space, registering a 50 per cent YoY growth. This was followed by ‘other manufacturing’ two sectors and e-commerce. The e-commerce sector grew by 17 per cent YoY in FY22. Shishir Baijal, Chairman and Managing Director, Knight Frank India said, “The high growth rate of organised warehousing sector in India is a result of its rising GDP and consumerism. With warehouse leasing in India surpassing the pre-pandemic level, the sector is poised to take a quantum leap to match its more mature peers around the world. This will be supported by the ever-increasing institutional interest in owning, developing, and operating warehouse assets ensuring professional expertise to direct the course of this growing market as it matures. In terms of investment, the warehousing sector has received private equity of $1.2 billion in H1 2022, as against $1.3 billion that the sector received in the entire year of 2021, adequately demonstrating the confidence global and Indian investors have in the sector’s future.”

Next Story
Resources

Vedanta Power Reports 29 Per Cent Women Workforce

Vedanta Power marked International Women’s Day by highlighting rising gender diversity across its workforce, with women now comprising nearly 29 per cent of employees in FY2026, among the highest levels in India’s thermal power sector. At Talwandi Sabo Power Limited (TSPL) in Punjab, women account for about 52 per cent of the workforce. Other assets also show increasing representation, with Meenakshi Energy reporting 26 per cent women employees and Vedanta Limited Chhattisgarh Thermal Power Plant (VLCTPP) recording 19.5 per cent. Women are contributing across engineering and plant operat..

Next Story
Real Estate

DRA Homes Debuts AI Sales Assistant At Fairpro

DRA Homes has launched Chennai’s first multi-lingual Virtual Sales AI Assistant at the CREDAI Chennai Fairpro exhibition, marking a step towards technology-led customer engagement in the city’s real estate sector. Designed as a digital sales assistant, the AI-powered tool enables prospective buyers to access project information, pricing details, configuration options and amenity specifications. It also allows users to schedule site visits, helping buyers explore projects with greater convenience. Ranjeeth Rathod, Managing Director – DRA Homes, said, “Innovation in real estate is no l..

Next Story
Real Estate

Women Buyers Shift To Premium Housing, says ANAROCK report

Women homebuyers in India are increasingly opting for higher-value properties, according to ANAROCK’s H2 2025 Consumer Sentiment Survey. The share of women seeking homes priced above Rs 9 million has risen from 25 per cent in 2019 to 61 per cent. Among these buyers, 37 per cent prefer homes priced between Rs 9 million and Rs 15 million, while 14 per cent favour properties in the Rs 15 million to Rs 25 million range. Around 10 per cent are considering homes priced above Rs 25 million. The survey also shows residential real estate as the preferred investment asset for women, with over 71 per..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Open In App