IN SAFE HANDS
Construction Week|September 2024
Warehousing and MHE is growing by leaps and bounds
Molly R
IN SAFE HANDS

The warehousing sector is set to cross the 300 million square feet-mark by 2025, according to a new report jointly released by developers’ body CREDAI and realty data analysis platform CRE Matrix. Currently, the overall Grade A warehousing stock in the country stands at 216.2 million square feet (msf). “With e-commerce, retail expansion and global companies entering India, we foresee a robust demand and supply growth for Grade A warehouses,” says CREDAI president Boman Irani, adding that India’s favourable policies, competitive manufacturing costs and labor availability make it a prime investment destination.

Anshul Singhal, MD, Welspun One, says, “The demand for Grade A warehouses is fuelled by their superior construction standards and advanced technological integration. These facilities provide certainty and reliability in terms of delivery timelines and quality, ensuring that businesses receive exactly what is promised. They also offer the scalability needed for seamless business expansion, both physically and commercially, allowing companies to grow without operational constraints. Moreover, Grade A warehouses adhere to strict environmental, labour, and regulatory standards.”

The benefits of our Grade A warehouses are indeed far-reaching for businesses. Abhijit Malkani, CEO, ESR India, says, “These facilities have become the industry standard, enabling our customers to utilise space more effectively. The 10-12 metre height allows for efficient racking utilisation, while the 5-tonne UDL floor design supports automation and can handle substantial rack loads. We’ve integrated skylights to introduce natural light, creating a more productive environment and reducing electricity costs. Our parks are precertified by IGBC gold and platinum and built around human-centric design principles.”

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