With about 20 million square feet of leasing activity in first half 2025 at 33 percent year-over-year growth, industrial and warehousing demand across the top eight cities in India remained robust, according to Colliers.
Delhi NCR and Chennai led the demand, cumulatively accounting for about half of the overall leasing in first half 2025. Interestingly among the top eight cities, Delhi NCR, Chennai, Mumbai and Bengaluru saw impressive demand of at least 2 million square feet during the first half of the year.
Third-party logistics (3PL) players continued to be the primary drivers of space uptake in grade A warehouses and industrial sheds, contributing to about 32 percent share in overall demand during the first half of the year. In fact, demand from most occupier segments including 3PL, engineering, ecommerce, automobile and retail firms rose significantly during first half 2025. Meanwhile, at the micro market level, warehousing space uptake was the highest in Bhiwandi
