Colliers estimates that landlords and developers have a scope to upgrade around 100 mn sq ft* (9 mn sq m) of office space in the top six cities accounting for 14% of the existing stock
Colliers International India
Posted inInsights
What is driving industrial and warehousing demand?
The Indian industrial and warehousing sector is benefiting from government policy initiatives such as the Goods and Services Tax (GST) implementation and Make in India program, as well as global trade dynamics and evolving consumption patterns. The initiatives augmented growth and private sector participation in a sector which was not well‐regulated
