Manufacturing sector driving up warehouse property deals in India’s top cities
The manufacturing sector is driving up warehouse transactions across eight key Indian markets which has shot up by 20 per cent to 14.65 million square feet (mn sq ft) in Q3 2024 (July – September) compared to the same period last year. Notably, 41 per cent of these transactions involved Grade A spaces, according to a Knight Frank India report released on Tuesday.
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