Despite the sequential moderation, the sector continued to demonstrate resilience during the first half of 2026. Total absorption reached 22.0 million sq ft in H1 2026, the highest first-half leasing volume recorded in the past year. H1 absorption was 16% higher year-on-year and 11% above H2 2025.

Mumbai drives Western India’s warehousing demand

Western India remained the key growth engine during Q2 2026, with Mumbai and Pune together accounting for 65% of pan-India warehousing absorption, compared with 33% a year earlier.

Mumbai led the country with 5.04 million sq ft of absorption, recording 6% quarterly growth and a sharp 459% increase over Q2 2025. The city has maintained an upward trajectory over the past four quarters, with the Bhiwandi micro-market playing a major role.

Nearly 69% of Mumbai’s Q2 absorption came from Bhiwandi, underlining the micro-market’s growing importance to the city’s warehousing and logistics ecosystem.

Pune ranked second with 1.78 million sq ft of absorption. However, leasing activity declined 60% from Q1 2026, when several large transactions had been concluded. Despite the quarterly decline, Pune’s Q2 absorption was 90% higher than the year-earlier period.

NCR, Bengaluru and Chennai also see healthy demand

The National Capital Region (NCR) recorded 1.24 million sq ft of absorption in Q2 2026, registering 70% growth over the previous quarter and 75% year-on-year growth.

Bengaluru also witnessed a significant recovery. Absorption reached 0.97 million sq ft, up sharply from 0.17 million sq ft in Q1 2026, although it remained 52% below Q2 2025.

Chennai recorded 0.69 million sq ft of leasing, increasing 17% sequentially and 52% annually. Hyderabad, meanwhile, registered 0.46 million sq ft, down 34% from the previous quarter but broadly stable compared with Q2 2025.

Kolkata saw a strong rebound, with absorption rising to 0.38 million sq ft from just 0.01 million sq ft in Q1. This represented a 212% year-on-year increase.

3PL companies lead warehousing demand

Third-party logistics (3PL) companies remained the biggest source of occupier demand during Q2 2026, accounting for 41% of total absorption.

Consumer Goods & Services followed with a 12% share, while Engineering & Manufacturing accounted for 11%. Together, these three segments contributed 64% of overall leasing activity.

Energy, Automobiles & Auto Components, and Chemicals & Petrochemicals collectively accounted for another 22% of absorption.

The data indicates that demand continues to be driven primarily by industries with significant supply-chain and distribution requirements.

Institutional investment remains selective

Despite sustained occupier demand, institutional investors remained cautious amid global uncertainty.

Institutional investment in the sector stood at US$27 million in Q2 2026, accounting for only 1% of total quarterly real estate investment. Investment volumes were 25% higher than in Q1 2026 but remained below the level recorded in Q2 2025.

Vestian expects continued government spending on infrastructure to support the warehousing and logistics sector. Higher capital expenditure under the Union Budget 2026–27, along with investments in multimodal connectivity, freight corridors, logistics parks and cold-chain infrastructure, is expected to improve supply-chain efficiency and support the expansion of modern warehousing facilities.

Green warehouses emerge as a key differentiator

The sector is also witnessing a shift in occupier priorities, with sustainability becoming increasingly important in warehouse selection.

Shrinivas Rao, FRICS, CEO, Vestian, said the warehousing industry is undergoing a structural transformation, moving beyond traditional considerations such as supply-chain optimisation, operational efficiency and proximity to demand centres.

According to Rao, occupiers are increasingly looking for Grade-A green warehouses that align with their ESG commitments and longer-term business objectives.

With government support, infrastructure development and supply-chain modernisation continuing, the sector is expected to see sustained demand from 3PL, Engineering & Manufacturing, and Consumer Goods & Services companies.

Technology-enabled warehousing and multimodal infrastructure are also expected to support future leasing activity and gradually improve institutional investor confidence.

City-wise Warehousing Absorption — Q2 2026

Also Read: Indian Logistics & Warehousing: 6 Key Trends to Watch in 2025

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This marks a sharp reversal from previous years, where nearly half of all PE investments were concentrated in warehousing and logistics assets, fuelled by India’s e-commerce boom, manufacturing push, and 3PL expansion.

While overall private equity inflows into real estate fell 15% year-on-year to USD 2.2 billion in H1 FY26, the complete absence of Industrial & Logistics deals stands out as one of the most striking trends this year.

From 47% Share to 0%: The Numbers Tell the Story

“Industrial & Logistics was conspicuous by its absence this half-year, though investor interest remains high for quality assets,” notes the ANAROCK report.

Why the Slowdown Matters

The Industrial & Logistics segment is considered a backbone of India’s economic and consumption story. Warehousing parks, fulfilment centres, and last-mile logistics facilities support the rapid growth of e-commerce, manufacturing (PLI schemes), and urban distribution.

Between FY22 and FY25, this segment consistently attracted some of the largest institutional deals, as global investors like Blackstone, ESR, IndoSpace, and GIC bet big on India’s consumption-led growth.

The absence of deals this half-year does not indicate a lack of interest — instead, it reflects:

• Timing gaps: Several large deals are currently under negotiation but are yet to close.
• Valuation resets: Investors and developers are recalibrating prices amid changing cost structures and yield expectations.
• Regulatory & land issues: Acquiring large contiguous land parcels remains complex in key logistics corridors.

Investor Sentiment Still Positive

Despite the pause, institutional appetite remains strong. ANAROCK notes that “several transactions are currently under discussion, and some are likely to be closed in the coming months.”

Globally, logistics continues to be one of the most stable real estate asset classes. In India, strong consumption demand, growing 3PL activity, and supply chain diversification continue to support long-term investment interest.

Why Homebuyers Should Care

At first glance, Industrial & Logistics deals may seem far removed from residential buyers. But in reality, this segment plays a critical indirect role in shaping housing markets:

• Logistics hubs create jobs in manufacturing, warehousing, transport, and e-commerce. These hubs often drive new housing demand in peripheral areas.
• When investor funding slows, logistics park development can lag, affecting planned township and affordable housing projects near industrial belts.
• Many logistics corridors are linked to new transport infrastructure, which also benefits residential connectivity.

A slowdown here may temporarily delay ecosystem development around major logistics corridors like MMR outskirts, NCR peripheries, and Chennai–Bengaluru industrial belts.

Winners This Year: Retail, Offices & Data Centres

While Industrial & Logistics took a back seat, Commercial Office assets took a 40% share, Retail 17%, and Mixed-use 19%. Data Centres, too, attracted 5% of inflows — a sign of diversification in investor focus.

Also Read: Warehousing & Logistics sector shows resilience amidst Investment drought 

The post 🏭 Industrial & Logistics Saw No Deals This Half-Year — A Surprising Pause in India’s Real Estate Growth Story appeared first on Square Feat India.

Key Features and Technology

The new warehouse is designed to manage the handling, storage, and distribution of the client’s electrical components. It is equipped with multi-tier shelving racks, heavy-duty racking, and on-floor storage to maximize capacity. For efficient goods movement, the facility uses advanced equipment such as reach trucks, spiral conveyors, and a Double Deep Battery Operated Pallet Truck (BOPT) design. The facility also leverages the SAP System and advanced scanning technologies for improved functional efficiency and is equipped with comprehensive safety measures, including firefighting equipment and an internal sprinkler system.

Strategic Partnership and Outlook

Ketan Kulkarni, Managing Director of Allcargo Supply Chain Pvt Limited (ASCPL), stated that the new warehouse strengthens supply chain agility and customer responsiveness in the region. The project reflects Allcargo’s commitment to delivering customized, tech-driven warehousing solutions to meet the unique needs of its clients. ASCPL currently manages over 7.5 million sq. ft. of warehousing space across more than 80 locations in India and is rapidly expanding its presence in major metro markets.

Also Read: Bhiwandi: Logistic firm Rents Property for ₹85 lac a month

The post Allcargo Logistics Launches 1.5 Lakh sq. ft. Grade A Warehouse for Swedish Electrification Major in Bengaluru appeared first on Square Feat India.

Despite this growth being accompanied by higher leverage levels, Crisil Ratings expects the credit profiles of InvITs to remain stable, thanks to structural safeguards, high-quality assets, and predictable cash flows.

According to Crisil’s analysis, asset acquisition remains central to InvIT expansion, considering the finite life and yield constraints of infrastructure assets. Nearly ₹1.7–1.8 lakh crore worth of new assets are expected to be added by FY27, slightly lower than the ₹2 lakh crore added in the last two years.

Roads to Dominate, Renewables and Warehousing Lag

The road sector is expected to contribute approximately 80% of the incremental AUM, consistent with past trends. While renewables, power transmission, and warehousing will add to the portfolio, their contribution is expected to remain modest. This is due to high leverage of underlying assets, strong off-platform capital access, or limited availability of mature operational assets.

“Mature trusts acquiring assets are expected to form 80–85% of the incremental AUM over two fiscals, up from ~65% in the previous period,” said Manish Gupta, Deputy Chief Ratings Officer, Crisil Ratings.
“Acquisitions generally bring in higher debt, pushing up the leverage of InvITs.”

For instance, InvITs with a 2–5 year operating track record have seen leverage rise from 43% in FY23 to 47% in FY25, and this is expected to rise to ~50% by FY27.

Stable Credit Profiles Despite Rising Debt

Rising debt levels are being counterbalanced by the strong, predictable cash flows from long-life assets. In fact, credit stability is further anchored by asset diversification and low-risk additions, such as hybrid annuity model (HAM) roads and transmission lines, which allow InvITs to carry higher leverage without deteriorating credit quality.

“Even though DSCR has slightly contracted to ~1.7x from ~1.8x in FY23 due to increased leverage, it remains healthy,” noted Anand Kulkarni, Director, Crisil Ratings.
“Regulatory checks such as the need for six consecutive distributions before raising leverage beyond 49%, and caps on under-construction assets, help maintain balance.”

Back-ended Repayments & Regulatory Guardrails

Many InvITs are opting for back-ended debt repayment structures, capitalising on the long life of infrastructure assets to optimise distributions. However, experts caution that gradual amortisation of debt remains vital to manage credit risk effectively over time.

As InvITs grow in scale, complexity, and debt exposure, capital structure management will remain a key focus, even as the sector outlook remains stable.

Also Read: Infrastructure upgrade to fuel realty in MMR

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The project, located within the JNPA Special Economic Zone (SEZ) in Navi Mumbai, spans 55 acres and represents Welspun One’s largest logistics development to date. Designed as a Grade A industrial and warehousing facility, the park will cater to key sectors such as e-commerce, third-party logistics (3PL), fast-moving consumer goods (FMCG), and manufacturing.

With a total development potential of over 3.6 million square feet, the logistics park aims to redefine operational efficiency and scalability, strengthening India’s position as a global supply chain hub.

“This financial closure is a pivotal milestone in our journey to build world-class logistics infrastructure in India,” said Anshul Singhal, Co-Founder and Managing Director, Welspun One. “With NaBFID’s support, we are well-positioned to fast-track execution and deliver long-term value to our stakeholders. The JNPA project will set new benchmarks for the industry.”

NaBFID, established to catalyze investments in infrastructure, has extended a 22-year term loan for the project—an indication of both the project’s scale and NaBFID’s confidence in its long-term impact.

“We are proud to support Welspun One’s JNPA Logistics Park, a project aligned with the Government’s vision to reduce logistics costs to around 8% of GDP,” said Rajkiran Rai, Managing Director, NaBFID. “Projects like this will enhance India’s industrial competitiveness globally.”

Echoing the sentiment, Samuel Joseph, Deputy Managing Director, NaBFID, added, “Our mandate allows us to fund infrastructure projects with long gestation periods. The JNPA park stands out for being located in an SEZ and built to international specifications—making it a unique opportunity.”

The transaction was facilitated with support from a team of expert partners: CBRE provided technical due diligence, Saraf & Partners offered legal advisory, and BDO ensured financial compliance and verification.

This funding milestone further cements Welspun One’s position as a leading developer of institutional-grade warehousing and logistics parks, contributing meaningfully to India’s evolving infrastructure and economic ambitions.

Also Read: Bengaluru’s Warehouse Absorption Rises to 3.9 Mn Sq. ft.

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Investment Trends in Warehousing & Logistics

The past few years have seen fluctuating investment patterns in the warehousing and logistics sector. Despite a dip in 2023, investments rebounded strongly in 2024. The year saw the second-highest investment influx in the last six years, demonstrating growing investor confidence in the sector.

Year-wise Investment Trends

Record Absorption in 2024

The demand for warehousing space reached an all-time high in 2024, with a record absorption of 44.9 million sq. ft. This marked a 19% increase over the previous year. Notably, the second half of 2024 alone accounted for 28.3 million sq. ft. of absorption, a 70% jump compared to the first half—the highest ever recorded in a single year.

Yearly Absorption Trend

Sector-wise Absorption Trends

The absorption of warehousing space varied across different sectors, with 3PL companies leading the demand, though their share saw a decline compared to the previous year. Meanwhile, the engineering and manufacturing sector saw a significant uptick in absorption, driven by government incentives such as the Production Linked Incentive (PLI) scheme and the Make in India campaign.

Sector-wise Absorption in 2024 vs. 2023

City-wise Analysis

Warehousing absorption across major cities showed significant variations, with some cities witnessing a surge while others experienced a decline. Mumbai emerged as the leader in absorption, while NCR recorded the sharpest decline.

Highlights of City-wise Absorption:

• Mumbai reported the highest absorption at 18.6 million sq. ft. in 2024, growing by 82% compared to 2023. This surge is attributed to improved connectivity via the Navi Mumbai airport and the rise of quick commerce in major tier-1 cities.
• Pune recorded the highest growth rate in absorption among the top seven cities, increasing by 85% to 13 million sq. ft. However, rental rates declined by 3% to INR 22.9/sq ft/month.
• Chennai, Hyderabad, and Kolkata together accounted for 15% of the total absorption in 2024, down from 22% in 2023.
• NCR saw the most significant decline in absorption, dropping by 55% from the previous year. The region’s share in pan-India absorption plummeted from 23% in 2023 to just 9% in 2024.

City-wise Share in Absorption

Rental Trends

• Chennai had the highest rental rates in 2024 at INR 24.2/sq ft/month, witnessing an 11% increase due to limited land availability within city peripheries.
• Mumbai emerged as the most affordable warehousing market in 2024, with an average rental of INR 18.1/sq ft/month.
• Pune saw a depreciation in rental rates by 3%, bringing the average to INR 22.9/sq ft/month.

Key Takeaways:

• Investments in the W&L sector surged by 203% year-on-year, underscoring strong investor confidence.
• Warehousing absorption hit a record high of 44.9 million sq. ft., with Mumbai leading at 18.6 million sq. ft.
• The 3PL sector remained dominant but showed signs of fragmentation, while engineering and manufacturing saw increasing demand.
• Mumbai and Pune were the biggest gainers in terms of absorption, while NCR saw a sharp decline.
• Rental trends varied significantly, with Chennai experiencing the highest appreciation, while Mumbai remained the most affordable market.

Looking ahead, India’s position as a key logistics hub is expected to strengthen further. Positive investor sentiment, government policies, and infrastructure advancements will continue to shape the sector. However, challenges such as limited skilled workforce availability, regulatory hurdles, and land acquisition costs may need to be addressed to sustain this growth trajectory.

SFI Analysis

The warehousing and logistics sector in India demonstrated resilience and growth in 2024, fueled by increasing institutional investments and rising demand. The surge in quick commerce, robust infrastructure development, and government-led initiatives contributed significantly to this momentum.

Also Read: India’s tallest warehouse

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The fully operational industrial park, developed by a consortium of Mumbai-based developers and hosting several blue-chip tenants, was acquired through a mix of cash and InvIT unit issuance to existing shareholders. The deal strengthens NDR InvIT’s strategic foothold in Western India’s fast-growing logistics market, with its Assets Under Management (AUM) reaching approximately 19.01 million sq. ft. as of Q3FY2025.

Located in Kosamba, near Surat, the industrial park forms part of a longstanding warehousing cluster along the Kosamba-Palsana-Sachin belt, offering proximity and excellent connectivity to Surat, Vadodara, and Ahmedabad via the golden quadrilateral. This strategic location has prompted the development of modern warehousing facilities and an increase in rentals for Grade A spaces.

Lata Pillai, Senior Managing Director & Head of Capital Markets, India, at JLL, said the deal reflects the explosive growth in India’s warehousing sector, which now ranks third in attracting investments and accounts for nearly a quarter of the country’s total real estate inflow. “This InvIT warehouse buyout is a game-changer, exemplifying the synergy between local expertise and national capital,” she added.

Daljit Singh, Marketing Director at NDR InvIT Managers Pvt Ltd, commented that the acquisition marks a significant milestone in their expansion strategy. “Surat’s strategic location and its growing significance in India’s industrial landscape make this a valuable addition to our portfolio. This move reaffirms our commitment to creating long-term value for our unitholders while meeting the evolving needs of our tenants,” he said.

The transaction is expected to further strengthen NDR InvIT’s position as a leading provider of high-quality industrial and warehousing solutions in India’s key growth centres.

Also Read: Indoor Amusement Centers Transforming India’s Retail Landscape: JLL Report

The post JLL Facilitates NDR InvIT’s 0.9 Million Sq. Ft. Industrial Park Acquisition Near Surat, Boosting Gujarat’s Logistics Sector appeared first on Square Feat India.

“The warehousing & logistics sector is expanding rapidly to keep up with India’s economic growth,” said Ankita Sahu, Senior Manager – Industrial & Logistics I Data Centres, ANAROCK Capital. “In H1 2024, the sector captured a significant portion of PE investments, led by major deals such as Abu Dhabi Investment Authority (ADIA) and KKR’s USD 1.54 billion investment in Reliance Logistics & Warehouse Holdings’ warehousing portfolio.”

Key Drivers of Growth

The demand for logistics space continues to surge, fueled by third-party logistics (3PL) providers, e-commerce, retail businesses, and manufacturing companies. Industrial and logistics space absorption saw a nearly 25% year-on-year growth in 2024, a trend expected to continue in 2025.

However, challenges such as an unfavorable intermodal mix, supply chain inefficiencies, and rising costs persist. Government initiatives like PM Gati Shakti and the National Logistics Policy are expected to alleviate these bottlenecks. The Union Budget 2025 has reinforced this commitment by prioritizing infrastructure development, enhancing public-private partnerships, and facilitating better project planning through improved data access.

Chennai, Mumbai, Pune, and the National Capital Region (NCR) remain the primary logistics hubs, with developers actively seeking land to establish new warehouses and fulfillment centers. Multi-modal logistics park projects under public-private partnerships are set to further reduce transportation costs.

6 Key Trends Shaping the Sector in 2025

1. Adoption of Digital Simulation & Digital Twins
   The logistics industry is set to embrace ‘digital twins’—virtual models of warehouses that simulate real-time physical operations. This innovation will optimize warehouse efficiency, enhance inventory management, and streamline supply chains.
2. Last-Mile & Quick Commerce Growth
   The rapid expansion of quick commerce (Q-commerce) platforms is reshaping urban logistics, leading to a rising demand for in-city distribution centers. With intense competition in the sector, companies are expected to invest in AI-driven personalization, automated warehousing, and faster delivery solutions.
3. Expansion of Cold Chain Infrastructure
   Growing organized retail, quick service restaurants (QSRs), rising food consumption, and advancements in the pharmaceutical sector are accelerating the need for robust cold chain logistics. Companies like Snowman, ColdStar, and Coldman are expanding Grade A cold storage facilities across major metros and tier-2 cities.
4. Technology Integration: IoT, Robotics & Blockchain
   Logistics firms are rapidly integrating Internet of Things (IoT) for real-time shipment tracking, robotics for inventory management, and blockchain for secure, efficient warehouse operations. These advancements will significantly improve operational efficiency and security in logistics.
5. Sustainability Initiatives Gain Momentum
   The logistics industry is increasingly adopting sustainable practices, including renewable energy for warehouses, electric vehicle fleets for last-mile deliveries, and circular economy initiatives. Companies are expected to intensify efforts to reduce carbon footprints and optimize packaging solutions.
6. Workforce Development & Diversity Initiatives
   Skill development remains a key focus, with the government planning to establish five National Centres of Excellence for specialized training in supply chain management and logistics technology. Additionally, the industry is making strides in workforce diversity, promoting greater inclusion across various roles in the supply chain.

A Transformative Year Ahead

With robust policy backing, heightened investments, and accelerating technological adoption, India’s logistics and warehousing sector is on the brink of a major transformation in 2025. Companies that prioritize tech-enabled solutions, sustainability, and workforce development will gain a competitive edge in this evolving landscape.

Also Read: Lodha Industrial and Logistics Park

The post Indian Logistics & Warehousing: 6 Key Trends to Watch in 2025 appeared first on Square Feat India.

By October 2024, year-to-date (YTD) leasing volume had already crossed 41 MSF across the top eight real estate markets, underscoring the sector’s resilience and consistent growth. The Production-Linked Incentive (PLI) scheme, introduced in 2020, has played a key role in boosting industrial leasing volumes. Additionally, the China+1 diversification strategy adopted by global manufacturers has benefited India significantly.

Key Drivers of Growth

The engineering and manufacturing (E&M) sector, third-party logistics (3PL) operators, and the retail industry remain primary contributors to demand. Cities like Pune, Chennai, and Bengaluru have recorded healthy leasing volumes, with other markets showing promising potential.

Abhishek Bhutani, Managing Director, Logistics & Industrial and Ahmedabad, Cushman & Wakefield, noted, “India’s logistics and industrial sector continues to showcase remarkable growth potential, with leasing volumes set to surpass 50 MSF for the third year in a row. Strong demand from quick-commerce, retail, and E&M sectors, coupled with India’s expanding consumption base and manufacturing growth, will drive robust demand in 2025.”

Emergence of Alternate Corridors

Rising land costs in prime L&I micro-markets are pushing developers to explore alternative locations. For instance, land prices in Farukh Nagar, Gurugram, surged from INR 23 million per acre in 2023 to INR 58 million per acre in 2024. Similar trends were observed in Chakan, Pune, and Bhiwandi, Thane, with prices rising 20-25% since 2023.

The rising cost of land and construction is encouraging landlords to look beyond traditional hubs to peripheral locations offering competitive pricing. This shift is expected to lead to the development of alternate logistics corridors, diversifying the market in 2025.

Grade-A Warehousing Supply to Drive Growth

The report highlights the addition of 25 MSF of Grade-A warehousing space over the next 2-3 years, predominantly in West and South India. Cities like Mumbai, Pune, Chennai, and Bengaluru collectively account for 800-1,000 acres of land currently under development for warehousing.

However, despite the supply surge, warehousing rentals remain largely stagnant across most submarkets in India, with only a few clusters witnessing an uptick. The trend of stable rentals is likely to continue into 2025, even as new inventory enters the market.

Outlook for 2025

India’s L&I real estate sector is expected to maintain its growth trajectory, with leasing volumes stabilizing at the 50 MSF mark. The demand will be fueled by a widening consumption base, continued growth in manufacturing, and the expansion of e-commerce.

The addition of Grade-A supply in emerging corridors is anticipated to provide a competitive edge for developers, ensuring sustained momentum in the near to medium term. The report also suggests that Tier-II and Tier-III cities could play a larger role in meeting future demand, given the steep rise in land prices in established hubs.

With strong fundamentals and a robust demand pipeline, India’s L&I sector is well-positioned to remain a key growth driver for the real estate market in the years to come.

Also Read: Industrial & Logistics Real Estate

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Foreign institutional investors (FIIs) accounted for 63% of the total investments, highlighting the continued international interest in Indian real estate. Domestic investors also contributed significantly, accounting for 37% of the total, a marked increase from the average 19% share between 2019 and 2022. A notable development in 2024 was the substantial participation of domestic institutions in Qualified Institutional Placements (QIPs), which raised USD 2.7 billion for the real estate sector.

For the first time in years, the residential sector emerged as the highest recipient of institutional investments, capturing 45% of the total share, overtaking the office sector. Investments in residential real estate increased fourfold from the previous year, reaching over USD 4 billion. The shift toward residential investments was driven by a rise in equity contributions, which accounted for 54% of total residential investments, signaling stronger investor confidence in the sector’s potential.

Real Estate Investment Trusts (REITs) also saw significant activity in 2024, with investments reaching nearly USD 800 million, more than tripling from 2023 levels. Additionally, non-core assets, such as warehousing and data centers, made up 77% of total transaction volumes, reflecting a growing appetite for higher-risk investments. The warehousing sector, in particular, was boosted by a major transaction involving Abu Dhabi Investment Authority and KKR, which invested USD 1.5 billion in Reliance Retail Ventures’ warehousing assets.

Emerging sectors such as data centers, student housing, life sciences, and healthcare are also gaining investor interest, diversifying the Indian real estate landscape. The largest platform commitment of 2024 was a USD 1.7 billion partnership between RMZ Digital Infrastructure Partners and Colt Data Centre Services, highlighting the surge in investments in digital infrastructure.

Looking ahead, JLL expects continued growth and diversification in India’s real estate market in 2025, with emerging sectors attracting further investments. The anticipated launch of two InvITs in warehousing and a new REIT in mid-2025 signals the strong growth prospects for the sector in the coming years.

Also read: Real Estate Investment Surge; Industrial sector shines

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