India’s industrial and logistics sector saw a 48 per cent quarter-on-quarter rise in leasing activity in Q3 2024, CBRE said.
Total absorption across the top eight cities was 11.4 million sq ft, up from Q2’s 7.7 million sq ft.
Delhi-NCR, Kolkata and Hyderabad accounted for 65 per cent of the total volume.
For the year to September, such leasing across the eight cities was 27.5 million sq ft.