Warehousing demand likely to grow 160% to 35 million sq ft in 2021, says report

The demand for warehousing is expected to grow around 160% to reach 35 million sq ft in 2021, almost similar in line with 2019 levels, supported by growing demand in sectors such as third-party logistics and e-commerce, said property consultant JLL India. However, this absorption can be touched provided the external conditions remain stable with no relapse of COVID or lockdown.
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