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.
What happened
Colliers India · 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
Key facts
- 30% rental rise in 5 years
- Grade A stock 299.2 mn sq ft Q1 2026
- Bhiwandi 42 mn sq ft
- Farukh Nagar 31.5 mn sq ft
- NH-48 26.6 mn sq ft
- Rs 21-28 per sq ft/month
- 5-10% projected annual rental growth
Why this matters
Tightening Grade A supply economics in Farukh Nagar and NH-48 strengthen the case for sale-leasebacks, JV warehousing deals, or M&A targeting players with owned or long-locked NCR logistics assets.