India’s industrial and warehousing leasing surges 63%: Report

India’s industrial and warehousing sector witnessed a robust 63% surge in leasing activity during the first half of 2025. It bokes the record for reaching 27.1 million square feet across eight key cities, according to real estate consultancy CBRE. This upswing was fueled by rising demand from e-commerce firms and third-party logistics providers. CBRE said that 3PL operators accounted for 32% of the total spaced leased, also e-commerce companies increased their share to 25%. 

Demand for industrial and warehousing spaced surged across tier-II cities, signaling continued expansion beyond major metro hubs. Among India’s top eight cities, Delhi-NCR led with 7.3 million sq ft of leasing activity, followed by Bengaluru, Hyderabad, Kolkata, Mumbai, Chennai, Pune and Ahmedabad. 
Supply between January and June 2025 reached 16.7 million sq ft, with Bengaluru, Chennai, and Mumbai contributing 57% of the total new stock. Buoyed by strong performance in the first half of the year, market experts remain optimistic about sustained demand into H2 2025.