CRE Matrix & CREDAI Presents India Warehouse Report Q1 CY'25

CRE Matrix & CREDAI National are pleased to present their Grade A India Warehousing Report for Q1 CY’25. The report highlights that Grade A/A+ warehousing demand in India continued to surpass supply, clocking 10.1 msf for Q1 CY’25. Grade A/A+ vacancy continued its declining trend and stood at 7% for Q1 CY’25 after declining by 120 basis points since Q1 CY’24. Demand for warehousing in Pune and MMR contributed 61% to Pan-India Grade A/A+ warehousing demand in Q1 CY’25. Absorption to Supply Addition ratio for Pan-India stood at 1.1 this quarter. The supply for warehousing in Pune and MMR contributed 59% to Pan-India Grade A/A+ warehousing supply in Q1 CY’25.