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.”
Diese Geschichte stammt aus der September 2024-Ausgabe von Construction Week.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der September 2024-Ausgabe von Construction Week.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
INFRA COMPANIES
In a significant move to alleviate traffic congestion and enhance connectivity, the Mumbai Metropolitan Region Development Authority (MMRDA) appointed contractors for key road infrastructure projects in Mumbai and Thane.
Global standards
Glass Wall Systems has been revolutionising the facade industry
STRIKING THE PERFECT CHORD
The 14th Construction Week Awards was an evening to remember with 1 industry turning up in full strength
REAL ESTATE
For the past six years, we have resorted to ranking Top 100 real estate and infra companies.
THE DYNAMICS PROPELLING REAL ESTATE GROWTH IN KEY CITIES
Dr Gautam Kanodia, founder, KREEVA, co-founder, Kanodia Group, explains the trends
DESIGN PAR EXCELLENCE
Design International has been at the forefront of retail-led design for 60 years. Staying sustainable and contemporary is their mainstay
dormakaba EXPANDS ITS MARKET PRESENCE IN INDIA
dormakaba expands its presence in India with the opening of a new Customer Experience Center in New Delhi, joining its existing centers in Mumbai and Bangalore. These hubs offer customers direct access to products, solutions, and on-site training.
GODREJ PROPERTIES ACQUIRES ITS 11TH NEW PROJECT; TAKES BOOKING VALUE TO RS 22,950 CRORE!
Will develop a group housing plot at Golf Course Road in Gurugram
SIGNATURE GLOBAL AWARDS RS 1203 CRORE CONSTRUCTION CONTRACT TO CAPACIT'E
First phase comprises 2.1 million sq-ft
HOUSING SALES IN MAJOR CITIES DROP BY 11% IN Q3 2024, SURPASSING NEW PROPERTY LAUNCHES: ANAROCK GROUP
Six salient growth levers include urbanization, demographic shifts, digitalization, sustainability