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Industrial Leasing in India Rises 26% to 33.3 Mn Sq Ft in 2026

By GeoSquare News Desk · Published 2026-10-25

India's industrial real estate segment recorded a strong 26% year-on-year rise in leasing activity, with total space take-up reaching 33.3 mn sq ft in 2026. The growth was driven by sustained demand from warehousing, logistics and manufacturing players across major urban centres.

Key Markets Driving Growth

Delhi NCR and Chennai led the leasing momentum, while Pune and Bengaluru also reported healthy space take-up. These cities continue to attract occupiers looking for quality industrial and logistics infrastructure near consumption hubs and arterial highways.

What This Means for Pune

For Pune, the uptick in industrial leasing signals growing confidence in the city's peripheral corridors and upcoming industrial belts. Investors and developers can expect steady interest from third-party logistics firms, e-commerce operators and light manufacturing units seeking Grade-A warehousing space.

The overall trend points to a maturing industrial real estate market, with occupiers prioritising efficient supply chain networks and larger, well-located facilities. This bodes well for future supply additions and rental growth in key micro-markets.

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