Delhi-NCR accounted for almost 30% of the leasing during 2021
Delhi-NCR led leasing activity with total leasing of 6.5 million sq feet during 2021. Large deals in the city were led by a combination of spaces leased by 3PL players and e-commerce companies. In NCR, NH8 cluster was the most preferred cluster for industrial space during 2021. Pune came in second in terms of leasing and accounted for 21% of the Pan-India leasing. Demand here was led by automobile companies, followed by E-commerce companies. This year witnessed several new entrants in the automobile space, who preferred the Chakan-Talegaon cluster for the facilities.