Booming Industrial Hubs: Rental Surge at Farukh Nagar and NH-48
Industrial and warehousing rentals in Delhi-NCR's Farukh Nagar and NH-48 surged nearly 30% over five years. Both areas, key high-activity clusters, lead growth supported by demand. Colliers India notes this market's promising future, fueled by institutional-grade preference and infrastructure upgrades. The sector's expanding logistics and manufacturing drive further growth.
In a striking upward trend, the industrial and warehousing markets at Farukh Nagar and NH-48 in Delhi-NCR have seen rental increases of nearly 30% over the last five years. This surge reflects heightened demand for premium spaces and infrastructure enhancements, according to a recent report by Colliers India.
The report highlights the unprecedented growth across eight major urban centers in India, marking the industrial and warehousing sector as one of the top-performing real estate classes. With inventory levels doubling since 2021, key clusters like Bhiwandi in Mumbai and Delhi-NCR's Farukh Nagar are at the forefront.
Colliers projects ongoing demand and supply growth in India's top 13 high-activity clusters. These areas are expected to see rental increases of 5-10% annually, driven by policy support, enhanced connectivity, and a thriving logistics and manufacturing landscape.
(With inputs from agencies.)
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