Delhi-NCR warehouse rents jump 30% in 5 years; Farukh Nagar, NH-48 hit Rs 21-28/sq ft
Colliers data shows industrial-warehousing rentals at Delhi-NCR's Farukh Nagar and NH-48 clusters climbed ~30% over five years to Rs 21-28/sq ft/month, with 5-10% annual hikes projected. Grade A stock now sits at 299.2 mn sq ft. Pressure point for retail back-end and quick-commerce dark-store economics.
Industrial and warehousing rentals at Delhi-NCR's Farukh Nagar and NH-48 clusters rose ~30% over five years to Rs 21-28/sq ft/month, per Colliers, with 5-10% annual hikes expected — relevant for retail logistics and quick-commerce dark-store siting.
Why this matters
Colliers' rental tracking flags a structural cost shift for omni-channel and quick-commerce operators dependent on Delhi-NCR Grade A warehousing for last-mile and dark-store fulfilment.
Omni-channel signals steady at 61 in last 90 days, reinforcing fulfilment cost as a recurring watch-item.