Retail, e-com driving demand for warehousing
The Hindu
An additional about 5 million sqft currently under various stages of construction
The warehousing sector in Hyderabad has recorded a visible shift in terms of quality as well as demand and supply dynamics on the back of a rapidly expanding industrial base coupled with rising demand from e-commerce and third party logistics (3PL) players, real estate consulting firm CBRE South Asia has said. Pegging the total warehousing stock of the city at about 21 million sq ft upto June, it estimated that an additional about 5 million sqft supply is currently under various stages of construction and expected to be completed over the next three years. In its report ‘Telangana – A bright spot in India’s industrial and warehousing, launched at CREDAI Hyderabad Property Show 2021, CBRE said warehouse space take-up in
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