Warehousing sector grew 25 per cent
According to a JLL report, India's warehousing market, including both Grade A and Grade B spaces, rose 25 per cent last year to touch 211million sq ft. The property consultancy said the market is expected to touch 375 million sq ft in the next two years with an increased share of Grade A stock. Delhi NCR region followed by Mumbai and Bengaluru remained the top three cities in terms of warehouse space absorption in 2019.