Summary and analysis of Delhi's current industrial real estate market conditions.
Insight
Delhi Industrial Market Dynamics Q1 2025
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- Absorption recorded at 2.01 mn sq ft in Q1 2025; 3PL leads demand for Grade A spaces.
- New supply of 1.47 mn sq ft pushes vacancy to 21.1%; yet Grade A space availability remains tight.
- Rental surge continues: 5.5% y-o-y rise as institutional investors bet big on Grade A warehousing demand.