Knight Frank India has said in one of its reports that the industrial and warehousing stock in eight major markets of India has crossed half a billion square feet. The stock till December 31, 2025 is recorded at 0.549 billion square feet (549 crore sq ft). This represents an increase of 13 percent from 486 crore square feet by 2024.
What are the figures of Knight Frank India report saying?
There is a potential space of 256 crore square feet available in warehousing parks established in eight cities. This is three times more than the annual transaction volume recorded in 2025. This provides sufficient capacity to meet near-term demand. Mumbai leads the industrial and warehousing market with 31 per cent of the total stock.
Mumbai’s stock will be 170 crore square feet in 2025, which is an increase of 12.5 percent from 151 crore square feet in 2024. Mumbai remains an important market due to its large consumption base, port-led trade and extensive logistics infrastructure. There is demand from third-party logistics, manufacturing, FMCG and retail sectors. Bhiwandi and Panvel clusters form the backbone of the city’s warehousing ecosystem.
What is the situation in Delhi and surrounding areas?
The location in Delhi-NCR is the second largest contributor to the total industrial and warehousing stock among the eight primary markets of India. NCR’s share is 21 percent. The stock of NCR was recorded at 115 crore square feet in 2025. This is an increase of 11.65 percent from 103 crore square feet by 2024.
What are the main reasons for growth in NCR?
New demand is being seen from various industries in NCR. Better inter-state connectivity is also a major reason. Proximity to large-scale manufacturing bases is also important. Sustained industrialization has made NCR one of India’s most preferred warehousing destinations.