E-com, Consumer Durable Companies Drive Warehousing Demand in City | Nearby News
E-com, Consumer Durable Companies Drive Warehousing Demand in City
E-commerce and consumer durables companies have pushed up the warehousing demand in H2 2021 in Hyderabad.
G
Guru Prasad
Hyderabad
Tue Apr 26 2022
share via :
E-com, Consumer Durable Companies Drive Warehousing Demand in City
A -
A +

E-commerce and consumer durables companies have pushed up the warehousing demand in H2 2021 in Hyderabad. Incidentally, the warehousing sector had 66 percent demand from e-commerce, followed by consumer durables, which had 17 percent demand.


Hyderabad is being looked upon as a warehousing hub as the government has been developing infrastructure in the western and northern corridors of the city. Also, the city is strategically positioned in the south-central zone, which is one of the reasons behind the increased demand.


According to Cushman and Wakefield, leasing activity recorded a growth of around 15 percent, with 1.75 million sq ft of space getting leased in H2 2021. If one looks at the annual figures, leasing activity witnessed significant growth, with 3.3 million sq ft of space being leased. This, in short, means a growth of 60 percent from 2020.


The hubs of warehousing happen to be places like Patancheru, Edulanagulapally, Gundlapochampally, Medchal, and Kallakal in the western and north-western corridors are expected to witness maximum traction in the coming days.


Also, on its part, the state government has come up with a new policy for the logistics sector in the second half of 2021 to attract an investment of Rs 10,000 crore by 2026. Subsequently, the industrial and warehousing rentals across all corridors of the city have witnessed a slight increase from 3 to 5 percent in H2 2021.


On the other hand, micro-markets of Kandlakaya and Medchal in the northern zone saw robust leasing activity during 2021, resulting in a shortage of quality warehousing space. Given this scenario, the industry experts opine, the rentals will go further up in the next 6 to 12 months.


Get your local newspaper delivered to your Email at 7am everyday
Select City
Select City

FOLLOW US

E-com, Consumer Durable Companies Drive Warehousing Demand in City
E-com, Consumer Durable Companies Drive Warehousing Demand in City
Latest Articles
Freedom Hyderabad 10K Run Announced
Freedom Hyderabad 10K Run Announced
Pooja Bhatt Joins Rahul Gandhi On Congress’ ‘Bharat Jodo Yatra’ In Hyderabad
Pooja Bhatt Joins Rahul Gandhi On Congress’ ‘Bharat Jodo Yatra’ In Hyderabad
Hyderabad To Double Treatment Capacity Of Hussain Sagar STPs
Hyderabad To Double Treatment Capacity Of Hussain Sagar STPs
List Of 6 Best Cafes In & Around Hyderabad
List Of 6 Best Cafes In & Around Hyderabad
Hyderabad’s Ramesh Races To Victory In C Devender Yadav Memorial Run
Hyderabad’s Ramesh Races To Victory In C Devender Yadav Memorial Run
Formula E Track To Be Ready By End Of November
Formula E Track To Be Ready By End Of November
Pride March To Be Held On Nov 13 After Gap Of 3 Years
Pride March To Be Held On Nov 13 After Gap Of 3 Years
Vendors Meet And Walkathon Organized At BDL
Vendors Meet And Walkathon Organized At BDL
Hyderabad Set To Get Three New Model Corridors
Hyderabad Set To Get Three New Model Corridors
Rahul Gandhi Storms Hyderabad
Rahul Gandhi Storms Hyderabad
Related Articles
French Engine Maker Safran to Set Up $150 Million Facility in Hyderabad
French Engine Maker Safran to Set Up $150 Million Facility in Hyderabad
Retailer Association Declares Hyderabad To Be Best For Ease of Business
Retailer Association Declares Hyderabad To Be Best For Ease of Business
Hyderabad Becoming Hub for Global Restaurants
Hyderabad Becoming Hub for Global Restaurants
This 24/7 Open Store Making Life Easy For Hyderabadis
This 24/7 Open Store Making Life Easy For Hyderabadis
Hyd-based Atirath Gets Funding From Kalaari Capital
Hyd-based Atirath Gets Funding From Kalaari Capital
Way2News Raises Rs 130 Crore in Funding
Way2News Raises Rs 130 Crore in Funding
Corporates Depending On Flytta for Asset Relocation
Corporates Depending On Flytta for Asset Relocation
Pista House All Set To Go Global
Pista House All Set To Go Global
Hotels, Restaurants Bounce Back After Pandemic Lull
Hotels, Restaurants Bounce Back After Pandemic Lull
Mouri Tech To Create 3000 Jobs in Hyderabad
Mouri Tech To Create 3000 Jobs in Hyderabad
City Turning Out To Be Data Centre Hub for Major IT Giants
City Turning Out To Be Data Centre Hub for Major IT Giants
Google's Second Largest Campus in Hyderabad
Google's Second Largest Campus in Hyderabad
E-com, Consumer Durable Companies Drive Warehousing Demand in City
E-com, Consumer Durable Companies Drive Warehousing Demand in City
Hyd-based Cyient Acquires Citec in Finland
Hyd-based Cyient Acquires Citec in Finland
Pharma Hub Hyderabad Attracts Further Investments
Pharma Hub Hyderabad Attracts Further Investments
Skootr All Set to Invest Rs 75 Crore in Hyderabad
Skootr All Set to Invest Rs 75 Crore in Hyderabad
Subscribe to our Newsletter
Get your local newspaper delivered to your Email at 7am everyday
Select City
Select City
logo
hi@nearbynews.in
Gachibowli, Hyderabad - 500032
nearby news © - 2022