Delhi-NCR Industrial & Logistics | Year-End 2023
Delhi-NCR witnessed an absorption of 7.3 million sq. ft. in 2023. The market witnessed the highest ever supply of 12.8 million sq. ft. bringing the operational stock to 84.4 million sq. ft., the highest in the country.
The 3PL sector contribution to overall absorption was 44% in 2023. Delhi-NCR is a preferred location for 3PL players as it serves as a distribution hub for many nearby cities and is well-connected.
Stay updated with more trends and developments from the city in our report - Delhi-NCR Industrial & Logistics | Year-End 2023.
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