Latest Real Estate News Delhi, India - Real Estate market in india

Jasmine Singh

Warehouse leasing crossed the 25 million sq. ft. mark in 2018, says CBRE

Warehouse leasing in India crossed the 25 million sq. ft. mark in the year 2018, says the report issued by CBRE South Asia, India’s leading real estate consulting firm. CBRE today announced the findings of its latest report, the third in the series – “ONLINE RETAIL DRIVING REALTY – ELEVATING THE E-COMMERCE GAME”. The report examines the link between online retailing (e-tailing) and the logistics sector and the impact of GST on the leasing of warehousing spaces in the country. As per the report, the impressive growth of the e-commerce sector has been on the back of favorable policy reforms, tech-enhanced warehouses, rising smartphone and internet penetration, digital India movement, amongst others. This has upstretched the share of e-commerce in overall warehousing leasing uptak...

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