India's Warehouses Are Almost Full - Vacancy Just Hit a Record Low
Jul 09, 2026
New Delhi [India], July 9: For years, warehousing was the asset class investors tolerated rather than chased. In 2025, it forced a rethink. India's warehouses absorbed a record 23.4 million square feet in the fourth quarter alone nearly 38.5% above the average of the year's first three quarters capping the strongest year the sector has ever recorded. Total transacted volume jumped 29% year-on-year to 72.5 million square feet (6.74 million square metres) across the eight primary markets, according to the India Real Estate Report 2026 by PropTech Pulse. That pace ranks India among the fastest-expanding major logistics markets in Asia-Pacific - a world away from the low-single-digit absorption growth typical of mature Western warehouse markets.
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