New Delhi, With approximately 20 million rectangular ft of leasing pastime in January-June period (H1 2025) at 33 according to cent increase, business and warehousing demand throughout the top eight cities remained sturdy, in line with a file on Thursday.


Delhi-NCR and chennai led the call for, cumulatively accounting for about 1/2 of the overall leasing in H1 2025.


Interestingly, many of the top 8 cities, Delhi-NCR, chennai, mumbai and Bengaluru noticed brilliant call for of at least 2 million square toes at some point of the primary 1/2 of the yr, in line with the Colliers document.


Third celebration Logistics (3PL) players continued to be the number one drivers of space uptake in Grade A warehouses and business sheds, contributing to about 32 in step with cent share in common call for in the course of the primary half of of the yr.


In reality, demand from maximum occupier segments including 3PL, engineering, e-commerce, vehicle, and retail companies rose drastically in the course of H1 2025. In the meantime, at the micro market level, warehousing area uptake turned into the highest in Bhiwandi (Mumbai) at three.1 mn sq.feet followed by way of Oragadam (Chennai) at 1.5 mn sq.ft.


"in the course of the second one quarter of 2025, commercial and warehousing sector saw about 11 mn sq.feet of call for across the pinnacle 8 cities, a fifty two consistent with cent upward push yoy. Substantially, Q2 recorded the very best quarterly gross absorption within the last few years," stated Vijay Ganesh, managing director, business and Logistics services, Colliers India.


The increase momentum is likely to stay unabated within the impending quarters, setting the stage for a robust overall performance in 2025, Ganesh introduced.


Throughout the first half of of 2025, third-party logistics (3PL) gamers endured to dominate demand, accounting for round one-1/3 of the leasing interest.


Simultaneously, area uptake by using other occupier segments together with engineering, e-commerce and car had been additionally superb, with each section accounting for 2-four mn squaretoes of space take up, at some stage in H1 2025.


"while 3PL players maintain to steer basic call for, engineering, e-commerce and vehicles, segments have been step by step gaining traction over the previous couple of quarters. Every of those 3 segments accounted for round 10-20 in step with cent of the Grade A area uptake in H1 2025," said vimal Nadar, country wide director and Head of research, Colliers India.

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