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Demand for industrial and warehousing spaces in Delhi-NCR drops by 42 per cent
Updated On: 26 January, 2024 03:50 PM IST | New Delhi | mid-day online correspondent
In a notable downturn, demand for warehouse and industrial spaces in Delhi-NCR experienced a sharp 42 per cent decline last year, attributed to a high base effect and reduced new supply, according to Colliers
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In a notable downturn, demand for warehouse and industrial spaces in Delhi-NCR experienced a sharp 42 per cent decline last year, attributed to a high base effect and reduced new supply, according to Colliers.
The gross leasing of Grade-A industrial and warehousing spaces saw a decrease from 8.8 million square feet in the previous year to 5.1 million square feet in 2023, newswire PTI reported quoting Colliers data.
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