According to JLL data, total warehousing leasing stood at 24.1 million square feet during January-September out of which share of auto and ancillary was only 3 percent.
"We have also started to use our leadership from India across other countries – South East Asia and Middle East - and that is a reflection of how successful this business has been and important for our company," he said.
Going forward, the share of tier II cities in logistics shipments in India is expected to grow
Mumbai, Chennai and Bengaluru accounted for more than 60 percent of leasing activity
Southern cities of Bengaluru, Chennai and Hyderabad see maximum inflows, followed by Mumbai and Pune
Kolkata witnessed the highest year-on-year surge with 191 percent in warehousing leasing volume.
E-commerce sector accounts for around 23% of overall warehousing space take up in 2018
The transaction worth Rs 700 crore includes two fully leased warehousing assets - Mappedu Logistics Park and Mahindra World City.
Mumbai dominated leasing activity with a share of about 21 percent, followed by Delhi-NCR (20 percent) and Chennai (16 percent), as per a CBRE report
Hosur is home to multiple units that produce products from trucks, automobile parts, motor cycles, textiles, electronics, TV sets and diesel engines.
From warehousing, co-working to co-living, there are a plethora of options that offer healthy returns.
As per data made available by real estate consultants, total office absorption across the top 7 cities is geared to cross 39 mn sq ft in 2018
The demand for logistics and warehousing space was largely concentrated in Bengaluru (25%), Delhi-NCR (21%) and Mumbai (20%). Chennai and Hyderabad also reported sizeable transaction activity and accounted for about 12 percent and 10 percent of the demand, respectively
Besides affordable housing; co-working and warehousing spaces are expected to be major investment opportunities in the real estate market in India. Warehousing business is expected to attract over $ 5-6 billion from foreign investors over the next 2-3 years
To invest in projects in hubs in Mumbai, National Capital Region, Pune, Chennai, Bengaluru and Ahmedabad
Office stock to cross 600 million sq ft; Ready-to-move-in properties to lead residential demand
Surat, Lucknow, Madurai amongst top Tier 2 cities to benefit from growth in the warehousing space
Implementation of GST will benefit warehousing sector with prevailing taxation issues in logistics and transportation expected to be streamlined, a senior official said today.
According to the report by property consultant Knight Frank India, the seven cities are National Capital Region, Mumbai, Chennai, Bengaluru, Hyderabad, Pune and Ahmedabad.
Chartered Logistics is considering foraying into the specialised warehousing business and is already in talks with a few clients, ED Harsh Gandhi told CNBC-TV18.
For traditional retailers, listing products, warehousing, payment reconciliation, all of which are integral to selling online are often a big challenge. Bluebox is a venture that helps offline retailers create their online shops on market places.
The new IT return forms will need assessees with more than Rs 50 lakh of income to start valuing their land and inherited properties; 100 percent FDI in e-commerce will augur well for commercial real estate; and one of the largest commercial real estate deals of almost USD 900 million to a billion that maybe sealed by the Hiranandani brothers.
In an agrarian economy like India, the failure to anticipate a crisis of this nature can create a mayhem in the markets
On combating price swings, last chairman of FMC Ramesh Abhishek believes there is a need to build new warehousing facilities. He says one of the biggest hurdles has been the lack of transparency in the physical market
The stock- Suchak Trading- has rallied from Rs 3 to Rs 170 since December 2013.